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Sudler Tenants Sign for 67,000 SF

LAKEWOOD, NJ-The two latest additions bring the developer's Corporate Park occupancy to 100%.

By Alyson Grala | Updated on April 20, 2009

LAKEWOOD, NJ-The Sudler Cos. has leased a total of 67,000 square feet of space at its Sudler Corporate Park, a 250-acre business park featuring a mix of industrial, distribution and office space, located within two separate buildings at 1000 Towbin Ave. and 1650 Corporate Rd. West here.

In the first transaction, amusement equipment operator Elaut USA Inc. signed a 25,000- square-foot lease agreement at 1000 Towbin. Jeff Hale, vice president of leasing for Sudler, represented the owner in this transaction, while William Hettler Jr. of Logistics Realty represented the tenant. The space will serve as Elaut’s corporate headquarters.

Built on spec by Sudler, 1000 Towbin is a 50,000-square-foot industrial/warehouse facility, which features 28-foot clearance ceilings and an ESFR sprinkler system. Plans are also underway for an extensive parts and service department, as well as room for a support staff and executive offices. With the addition of Elaut, the building is now 100% occupied. The other 25,000 square feet of space is being leased by 1-800-PACK-RAT.

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