What will fill empty NJ office space? See the creative ideas at the Jersey Shore By David P. WillisAsbury Park Press A building spree that started in the 1980s filled New Jersey with an unprecedented amount of office space. A post-COVID world, with its virtual technology, and shrunk demand for large office properties. Owners are now finding unusual tenants to fill those old acres of cubicles. What do you do when large tenants aren’t there…
SportsMed Physical Therapy takes 2,600 sq. ft. in Linden, Lee & Associates New Jersey says
A fast-growing physical therapy chain has leased 2,600 square feet of retail space in Linden, in a newly announced deal by Lee & Associates New Jersey. The transaction with SportsMed Physical Therapy brings the 19,000-square-foot property at 10 North Wood Ave. to full occupancy, according to a news release. It also represents an expansion of the practice’s footprint in New Jersey, providing it with a location with on-site parking and proximity to public transportation and…
Buyer wanted for nine-acre, commercially zoned site in Hunterdon, Lee & Associates says
The owner of a nine-acre development site in Clinton is seeking a buyer for the Route 22 property, brokers with Lee & Associates New Jersey announced Wednesday. The marketing team, which includes Beth Chezmar and Erica Davidson, noted that the parcel at 1450 Route 22 is zoned for commercial use and backs up to Interstate 78, providing visibility for signage along the highway. The brokers added that the offering includes a usable farmhouse and is…
Lee & Associates marks back-to-school season with school supplies drive
Lee & Associates New Jersey celebrated back-to-school season by supporting the United Way of Passaic County Backpacks 4 Kids! school supply drive. The commercial real estate firm’s team collected, filled and donated 40 backpacks and 100 school supply sets to help kick-start a successful academic year for Passaic County students. “Giving back is central in the Lee & Associates culture, and we have a terrific team of thoughtful people who came together to support United Way,” Rick Marchisio,…
‘Turnkey’ school building in Fanwood on the market for sale or lease, Lee & Associates says
The site of a 36,000-square-foot school building in Fanwood is on the market for sale or lease, in a newly announced offering by Lee & Associates New Jersey. According to the brokerage team, the facility at 330 South Ave. currently operates as a New Jersey Department of Education-approved private school for students with disabilities. It also provides a location with strong demographics and transportation access, adding to its appeal as a turnkey school building or…
2023 NJBIZ FORTY UNDER 40 Honorees – Congratulations Drew Maffey!
Not only is NJBIZ unveiling the 2023 class of Forty Under 40 honorees, but we’re also excited to announce the award ceremony is returning in-person this year. Launched in 2006, this program recognizes 40 professionals under the age of 40 for their notable successes and demonstrations of strong leadership in the state. Chosen by an independent panel of judges following an open nomination process, the individuals recognized on this year’s list contribute to their own…
Lee & Associates: Water filtration company takes 16,000 sq. ft. in Whippany
A water technology company has leased 16,000 square feet of industrial space in the Whippany section of Hanover, according to a brokerage team with Lee & Associates New Jersey. Nephros, which provides filtration solutions to the medical and commercial markets, will occupy more than half of a building at 30 Leslie Court under a lease with Faropoint, according to a news release. The South Orange-based user will benefit from the property’s 17-foot ceiling heights, office…
2023 NJBIZ ICON Honorees – Congratulations Rick Marchisio!
Now in its seventh year, the NJBIZ ICON Awards recognize leaders over the age of 60 from New Jersey industries such as accounting, architecture, real estate, law, government, hospitality and more. These individuals are honored for their work throughout their careers — not just in their respective fields, but in the state’s larger business community as well. Join us to celebrate this year’s honorees from 8 to 10 a.m. Aug. 8 at The DoubleTree by Hilton in Somerset. Ticket…
Bus, coach business signs 160,000 sq. ft. industrial lease in Union Twp.
A transportation company has signed a full-building, 160,000-square-foot lease at a Union Township industrial building, according to brokers involved in the deal. In a news release, Bussel Realty Corp. said the property at 601 Lehigh Ave. will provide Easton Coach Company LLC with both functional warehouse space and heavy excess outdoor parking. The seven-acre property also has 11,385-square-foot offices, 32,000 square feet of outdoor storage, 16-foot ceilings, multiple tailboards and drive-in doors for loading, BRC…