Hartz's 1Q Leasing Activity Hits Nearly 2M SF

SECAUCUS, NJ-Hartz Mountain Industries, based here, chalked up a total of more than 1.9 million sf of leasing activity at its New Jersey properties during the first quarter of this year, according to Emanuel Stern, the company’s president and COO. The largest of the transactions was a 389,453-sf industrial lease signed at 201 Bay Ave. in Elizabeth, NJ by Scotto Brothers Inc.

In the Scotto transaction, the logistics company initially took just under 176,000 sf, and then agreed in March to take an additional 213,474 sf, according to Stern.

Altogether, 1.5 million sf of the total involved new leasing activity, and 400,000 sf in renewals. Among the deals: Proven Solutions Inc. took 143,500 sf of industrial space in North Bergen, NJ; Blue Cross/Blue Shield of New Jersey renewed for 88,851 sf in Harrison, NJ; and Trim Spa leased 116,588 sf of warehouse space in Whippany, NJ.