All but one of the new tenants are involved in some form of industrial function, but represent a broad spectrum of the sector. Agro-Dan Inc. is a primarily office user that markets an industrial product. The tenants in this round of leasing have taken a total of 68,971 sf of the building.
Agro-Dan markets products and services for intensive agricultural systems. It has taken 22,000 sf. Adam Silver of Newmark JGT of New Jersey LLC was the co-broker on the deal.
Life Services Supplements Inc. manufactures and distributes vitamin supplements and other health-related products. The company signed for 20,896 sf.
CACI Technologies Inc. is a government contractor that services utility vehicles for the armed forces. Robert Bull of Julien J. Studley represent the company in the negotiations for its 20,875 sf.
Biological Controls Inc. provides air purification systems for hospitals and other medical facilities. It took 5,200 sf.
Experts have continued to report to GlobeSt.com that the industrial sector in the Northeast Corridor is doing well even though the nation continues to suffer in what some call a slowdown and others have even labeled a recession. The consensus also seems to be that New Jersey's industrial properties are doing better than in other markets.
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