Search
 

Sudler Tenant Renews, Expands for 255,000 SF

CHATHAM, NJ- Longtime tenant Capacity renewed for 125,000 square feet and also signed a new lease for 130,000 square feet, both within Sudler's Corporate Park here.

By Alyson Grala | Updated on March 04, 2010

CHATHAM, NJ-The Sudler Cos. recently completed two lease transactions involving the same tenant, within Sudler Corporate Park in North Brunswick. Sudler was represented in-house by executive vice president of real estate Steven Spinweber in both transactions, while CB Richard Ellis’ vice president, John Maloney, Jr. represented the tenant, Capacity LLC.

A member of the Sudler tenant family since 1998, Capacity, which specializes in order fulfillment, e-commerce, warehouse distribution and Electronic Data Interchange integration with warehouses, has renewed its lease for the entire 125,000-square-foot building at 1112 Corporate Rd. within the Sudler Corporate Park. In a concurrent transaction, Capacity also expanded its footprint in the park, signing a long-term lease for the 130,000-square-foot 1101 Corporate Rd., formerly part of the campus of Church & Dwight Co., owner of the Arm & Hammer brand.

“Although the real estate market is challenging, leasing activity in the Central New Jersey industrial market has been on the upswing,” says Spinweber. “Industrial tenants are taking action, and Capacity took the opportunity to concentrate its office and warehousing needs together.”

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.