Search
 

Top Internet Retailer Leases 30,000 SF

LYNDHURST, NJ-The new tenant will relocate from Secaucus to space at one time used by Ernst & Young as an office/data center.

By Eric Peterson | Updated on November 05, 2008

LYNDHURST, NJ-A major internet retailer has signed a 12-year lease for just less than 30,000 square feet at 125 Chubb Ave., also known as Skyline Corporate Center. Further details were not released; availabilities on-site are currently listed with an asking price of $27 per square foot.

The new tenant, which will occupy half of the third floor of the five-story, 278,500-square-foot property, was not identified by name. Principals of the transaction contacted by GlobeSt.com either declined to name the tenant, citing confidentiality or related concerns, or did not respond by deadline.

The new tenant is said to be relocating from a site in nearby Secaucus, and will move in by April 2009, occupying space once used by Ernst & Young as an office and data center. The latter was once the property’s major tenant, but shed its extensive space relating to financial industry cutbacks.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 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.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.