HACKENSACK, NJ—Long-time Court Plaza South tenant Pashman Stein P.C. has renewed and expanded its lease at the Alfred Sanzari Enterprises-owned and managed class A office complex. Pashman Stein has been in the complex for almost 12 years, and will relocate and expand its headquarters space to a little over 24,000 square feet.
The transaction was negotiated in-house by Alfred Sanzari Enterprises. David Simson and Hope Brodsky of Newmark Grubb Knight Frank represented the tenant.
The new, larger office space accommodates Pashman Stein's recent and anticipated growth, according to Michael Stein, the law firm's managing partner.
“We are excited about our decision to remain in Court Plaza, not just because we love the building's location and amenities, but also because we have a wonderful working relationship with the entire Sanzari team,” says Stein. “We are grateful for our firm's growth and success during the past 20 years and we look forward to moving into our brand-new and greatly expanded space, which will enable the firm to continue to pursue its dreams for at least the next 15 years.”
Pashman Stein serves a diverse client base including regional Fortune 500 companies, emerging growth entities and individuals, as well as out-of-state corporate counsel, law firms and individuals with interests in New Jersey. Since its founding in 1995, Pashman Stein has grown into a leading mid-sized law firm, offering a full complement of legal services to businesses and individuals.
The 335,000-square-foot Court Plaza office complex encompasses Court Plaza North, Court Plaza South and Court Plaza East. All tenants enjoy a landscaped plaza with fountains and seating areas, covered parking, a full-service bank, shoe shine/repair and dry cleaning services, eco-friendly car wash service, a fitness center, public transportation to New York City and Northern N.J., a cafeteria with indoor and outdoor seating, and a common meeting room. Court Plaza is just one mile from Routes 4 and 17, and I-80.
“We are thrilled that Pashman Stein has decided to reaffirm its commitment to Court Plaza,” says Stephen C. Jennings, Sanzari's vice-president of leasing and marketing. “It is significant whenever a tenant chooses Court Plaza, but it sends an even stronger message when a long-term tenant explores the market and decides to stay. We look forward to being part of Pashman Stein's continued growth and success for many years to come.”
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Steve Lubetkin
Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].
