The total space involved in the three signings is just less than 15,000 sf, with packaging maker US Corrugated Inc. accounting for just less than 9,200 sf of that total. Bluefield Holdings Inc., an environmental engineering firm, has leased just more than 3,507 sf, and residential developer Treetop Development has taken 2,000 sf. For the latter, the signing represents a headquarter relocation from New York City.
The ownership was represented by SVP Jeff Kolodkin and associate Dawn Arrabito of Grubb & Ellis' Fairfield, NJ office, who picked up the exclusive assignment earlier this year. Terms of the leases were not disclosed; the approximately 100,000 sf currently available is listed with an asking price of $22.50 per sf. Built in the mid-'60s, the building was at one time largely occupied by First Fidelity Bank.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
