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Complex Gets 100,000 SF in New Leases, Renewals

SADDLE BROOK, NJ-The leases bring L&L Park 80 LLC's two-building property, totaling 488,000 sf, close to full occupancy.

By Brianne Harrison | Updated on July 02, 2008

SADDLE BROOK, NJ-Approximately 97,000 sf of new leases and renewals were signed recently at Park 80 West here. Cheryl Hardt, first vice president with CB Richard Ellis, represented the landlord, L&L Park 80 LLC in the transactions. Specific terms of the transactions were not disclosed.

The new tenants include NEC, which took 8,769 sf; Symrise, which will occupy 6,487 sf; and MT&T Bank, which will house its first New Jersey office in 6,783 sf. Circulite and Intranasal also signed on for 6,966 sf and 6,596 sf respectively.

In addition to the new leases, several current tenants signed renewals. These include FTI Consulting, which will remain in its 3,144-sf office; JBA Associates, which occupies 26,777 sf; Oppenheimer, which doubled its current space to 5,000 sf; Ameriprise, which has 14,000 sf; and Rotenberg Meril Solomon Bertiger & Guttilla PC, which has 14,353 sf.

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