SECAUCUS, NJ-Hartz Mountain Industries has leased 220,000 square feet, at 915 Secaucus Rd. here, to Production Resources Group, a global supplier of entertainment and event technology. Cushman & Wakefield represented PRG in the lease. Hartz Mountain handled their portion in-house. Although the companies declined to give the lease rate, according to the firm's recent Q2 market report, Bergen County industrial rents are running around $6.70.
“New York City is the entertainment and event capital of the world, “ commented Emanuel Stern, president and chief operating officer of Hartz Mountain Industries. "But producing many of these events requires a lot of production space, which Manhattan does not offer.” PRG needed to find a large space in close proximity to Manhattan to house our inventory of audio, video, lighting, rigging, scenery and automation equipment, adds Darren DeVerna, president of PRG's Northeast operations. "This building offers both prime location and ample space.”
Production Resources Group serves various markets including concert touring, corporate events, trade shows, special events, theatre, television and film. PRG currently operates from 31 locations in North America, Europe, Asia and Africa.
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