SPRING VALLEY, NY AND OAKLAND, NJ—Jones Lang LaSalle recently completed two industrial leases in North Jersey and Rockland County, NY, totaling more than 100,000 square feet.
One was a new, direct lease for building owner Murray Construction at 2 Alpine Court in Spring Valley, NY. Weiss Realty Inc. signed a long-term lease for the entire 65,000-square-foot warehouse and distribution building. The other was a new lease for building owner CK Bergen Associates at 5 Thornton Road in Oakland, NJ, with Platinum Press Inc. The pharmaceuticals printing company signed a long-term lease for 47,037 square feet at the 151,825-square foot warehouse and light manufacturing facility.
Murray Construction and tenant Weiss Realty were represented by JLL's Howard Weinberg, executive vice president, and Dean Brody, vice president. The team worked closely with Brian Fitzsimons, director of leasing, Murray Construction.
“Weiss Realty found 2 Alpine Court to be ideal for its space needs,” says Weinberg. “The company intends to renovate and modernize the warehouse and distribution building.”
The one-story 2 Alpine Court warehouse and distribution building is located at the intersection of Alpine Court and Route 45 in Spring Valley. The facility is near the New York State Thruway and the Garden State Parkway.
The property features 25-foot ceiling heights, multiple loading docks, ample parking and an above-standard power system.
In the Oakland, NJ transaction, CK Bergen Associates was represented by JLL's Weinberg and Michael Palmeri, associate. The pair worked closely with Ira Bloom, director of leasing, CK Bergen Associates. The tenant, Platinum Press, was represented by Bruce Weiner, Coldwell Banker Commercial NRT.
“The industrial facility at 5 Thornton Road was just about the perfect choice for Platinum Press,” says Weinberg. “The printing company was attracted by the building's location within a corporate park setting surrounded by a highly educated workforce. In addition, the facility's existing air-conditioned infrastructure was ideal for the company's needs.”
Platinum Press will occupy all the remaining space at 5 Thornton Road, at the intersection of Van Vooren Drive and Thornton Road. Headquartered in Texas, Platinum Press is opening its first New Jersey plant at the facility to accommodate its Garden State-based pharmaceutical clients.
A large portion of the space to be occupied by Platinum Press, is fully air conditioned and offers explosion-proof storage areas. The area was designed by previous tenant Platinum Press, as a production facility to fill and package fragrance bottles for its Aramis division. The skincare, makeup and fragrance company recently vacated 5 Thornton Road after occupying the facility for more than 35 years.
The single-story 5 Thornton Road offers 22-foot ceiling heights, six loading docks and 174 parking spaces, an on-site back-up generator and a fully gated, state-of-the-art security system.
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