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New Tenants and a Renewal Taking 30K SF at 300 Lighting Way in Secaucus, NJ

SECAUCUS, NJ—Three new leases and one tenant renewal have brought 30,000 square feet in commitments to Rugby Realty's 300 Lighting Way in Secaucus, NJ. Cushman & Wakefield is the exclusive leasing agent for the 303,000-square-foot, class A office property.

By Steve Lubetkin | Updated on May 18, 2015

SECAUCUS, NJ—Three new leases and one tenant renewal have brought 30,000 square feet in commitments to Rugby Realty’s 300 Lighting Way in Secaucus, NJ.

Cushman & Wakefield is the exclusive leasing agent for the 303,000-square-foot, class A office property. Curtis Foster and Jerry Shifrin, based in Cushman & Wakefield’s East Rutherford, NJ, office, lead the property’s leasing team and brokered the following four long-term transactions:

  • Kapsch TrafficCom USA Inc., an intelligent transportation services firm, leased 13,000 square feet and will relocate a regional operation to 300 Lighting Way from neighboring East Rutherford, in an expansion move. Based in Austria, Kapsch maintains its North American headquarters in McLean, VA. Dan DePalma of JLL represented the tenant.
  • Alliance Residential Company committed to 4,900 square feet and will establish a new office at the property. The Phoenix-based, privately owned, fully integrated real-estate operating company acquires, owns, develops and manages multifamily investment properties nationwide. Robert Norton from CBRE represented Alliance Residential in the transaction.
  • Ubiqus, a translation and interpretation services provider, leased 4,000 square feet. The location represents an expansion for the firm, which maintains an east coast headquarters in Manhattan. Robert Norton from CBRE represented the tenant in this transaction as well.
  • Another tenant, not identified, renewed its 8,500-square-foot lease at the property.

“300 Lighting Way is attracting a mix of organizations with diverse requirements in terms of both size and space usage,” says Foster of Cushman & Wakefield. “These most recent leases reflect the ownership’s flexibility and ability to accommodate a range of tenant needs.”

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