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Malo Consulting Leases 52,000 SF

RUTHERFORD, NJ-The US division of the Portuguese healthcare company has taken the top two floors of Meadows Office Complex II.

By Eric Peterson | Updated on June 25, 2008

RUTHERFORD, NJ-Malo Consulting NJ LLC has signed a lease for 52,238 sf, comprised of the top two floors of Onyx Equities’ Meadows Office Complex II building at 201 Route 17 N. here. The asset is part of the 12-story, twin-building Meadows Office Complex, amounting to 577,000 sf at the intersection of Routes 17 and 3.

Malo Consulting NJ, an arm of Lisbon, Portugal-based Malo Health Group, will utilize the site as its North American headquarters. Besides offices, the two floors will house a first-class oral surgery center. The site joins similar centers operated by Malo Health in such worldwide cities as Sao Paulo, Madrid, Milan, Moscow, Paris and Melbourne.

Malo was represented by Chip Conklin, managing director in the Hackensack office of Studley, and Onyx Equities was represented by Timothy Greiner, executive managing director, and Frank Recine, managing director with Newmark Knight Frank. Terms were not released. As reported by GlobeSt.com, Onyx hired NKF to market the space in October, and additional direct availabilities in the two-building complex are listed with an asking price of $30 per sf.

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