Metropolitan Center, East Rutherford, NJ, left, with views of redesigned office and meeting space. Metropolitan Center, East Rutherford, NJ, left, with views of redesigned office and meeting space.

East Rutherford, NJ—In one of the most creative transactions of the year, Vision Properties has restacked and extended several key leases at the iconic Metropolitan Center in East Rutherford, NJ, maintaining the building’s 100% occupancy.

The most noteworthy transaction is Hudson Group’s expansion of its occupancy to 93,308 square feet while simultaneously extending its lease. Other key transactions include Aegis Insurance Services’ trimming its space to 69,335 square feet while extending its lease, MWW Group’s relocating to smaller space within the building, and Ameream’s expansion of its allocation to 15,059 square feet. All of these transactions have lease terms ranging from 10 to 15 years.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.