Frank Lopriore, Fairfield, NJ-based SVP with the tenant advisory group at Grubb & Ellis, represented ZT in the deal. "We were engaged by ZT to provide national strategic real estate planning to accommodate their growing needs and objectives," Lopriore says in a release. He adds that the tenant "benefited by cost saving solutions while improving their efficiencies." A data center solutions provider, ZT has been a tenant at 350 Meadowlands since 2005.
With the expansion by ZT, 350 Meadowlands is now more than 97% occupied. The property is part of Hartz Mountain Industries' Harmon Cove mixed-use development; Charles Reese of Hartz represented the building ownership in the ZT renewal and expansion.
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Paul Bubny
Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.
