Collier's Houston Arranges Four Deals Totaling 113,000 SF

PARSIPPANY, NJ-The local office of Colliers Houston & Co., which has its home base in Teaneck, NJ, has put together three leases and a sale transaction in Northern New Jersey totaling 113,300 sf. The firm’s SVP Howard Weinberg and associates Matthew Turse and Austin Godfrey were all involved.

In the largest deal, Wessel Fragrances Inc. of Englewood, NJ signed a long-term lease for 55,000 sf of distribution space at 50 Furler St. in Totowa, NJ. Colliers Houston repped the owner of the building, D&R Associates, while Dan Brown of TRS Associates, Rochelle Park, NJ, spoke for the tenant.

Weinberg and Turse, meanwhile, represented Owens Drive Corp. in the sale of their 22,500-sf light industrial building at 10 Owens Dr. in Wayne, NJ. The buyer, Rigid Paper Tube of Paterson, NJ, was repped by Jeff Rosenberg and Rick Dandrow of CB Richard Ellis, Saddle Brook, NJ. The deal marks an expansion move by the buyer.