Industrial Real Estate Management

Archive for March, 2018


Clair Global Corporation moves into One Broad Avenue, Fairview

Clair Global Corporation moved into 1 Broad Avenue, Fairview on March 1st, 2018. Their lease term is for three years. They leased 6,814 square feet of warehouse space for the warehousing and distribution of musical instruments. They were represented on the lease negotiations by Chaus Realty. Notably, Clair Global Corporation gained the contract for the 2018 Super Bowl. They were formerly called Clair Brothers Audio Enterprises and founded in 1966 in Lititz, Pennsylvania. Clair Global Corporation is a sound reinforcement and live touring production support company. In 2014, Clair opened the 52,000 square foot Rock Lititz, which is the largest dedicated rehearsal space in the world. Their big break came in 1966, when they provided sound to Frankie Valli and the Four Seasons show at Franklin & Marshall College. The tour manager asked them to join them on the road for the rest of the tour. They were the first professional sound company to tour with a band. In 1970, they officially incorporated as Clair Bros. Audio Enterprises, Inc. In 1980, Clair Global established its first location outside the US, with Clair Japan in Yokohama. Clair Global officially launched a spin-off to install permanent sound, video and lighting systems in concert venues, churches, stadiums, theaters, cruise ships and schools. In 1990, Clair acquired MD Systems of Nashville and created a partnership with JANDS in Australia. That same year, Clair opened a location in Cambridge, England. In 1994, it moved the operation to Switzerland to combine with Audio Rent in Basel, operating there as Audio Rent Clair. In 1995, Gene Clair sold his end of the business to his son Troy Clair, who is currently the president and CEO of Clair Global Corporation.

For more information, you can visit their website at clairglobal.com

Bellino Fine Linens renews their lease with Bonanno Real Estate Group at 471 South Dean Street in Englewood

AMD Linens d/b/a Bellino Fine Linens renewed their lease with Bonanno Real Estate Group for another three years. They were represented on the lease negotiations by DJK Residential Realty. Bellino Fine Linens occupies 7,530 square feet of warehouse space, within a 43,540 square foot building, which is divided into five rental units. The free-standing building is located at 475 South Dean Street, Englewood in the heart of Englewood’s Industrial Park. Bellino Fine Linens is in the business of warehousing and distributing bed linens and home textiles for high profile retailers. Their products are private labeled for exclusive brands, 100% long staple cotton and ecotex certified (anti-allergic). Bellino Fine Linens has offices and warehouses in Italy and the United States, as well as showrooms in New York City and Atlanta.

My Shirts Corporation renews their lease with Bonanno Real Estate Group at 1050 Slocum Avenue in Ridgefield

My Shirts Corporation, which was formerly named Intelligent Star, Inc., renewed their lease for another three years. Their lease now expires February 28th, 2021. My Shirts Corporation leases the space from Bonanno Real Estate Group to distribute garments. They lease 7,595 square feet of warehouse space, within a 60,000 square foot building. This building is a two-story office/warehouse brick building. Tryon Management Corporation negotiated the lease.

Multi-Kem Corporation renews their lease with Bonanno Real Estate Group at 700 Grand Avenue in Ridgefield

Multi-Kem Corporation signed a lease extension for another one-year period. This tenant is located at 700 Grand Avenue, Suite 5, Ridgefield. This building is configured into twenty-six office suites. 700 Grand Avenue has the benefits of a 292.5kW solar rooftop system in place, which benefits both the environment by using renewable energy and the building owners by reducing operating costs and generating revenue. Multi-Kem offers services to find the proper materials for thickening, stabilizing, texturing and enhancing suspension and flow control properties for both food applications and industrial applications. Multi-Kem Corporation imports and markets a range of natural, modified natural and synthetic materials. Their natural raw material base is sourced from grains, roots, sea plants and sugars, which thicken, stabilize, gel, impart texture and improve shelf life. Their industrial applications serve to control flow, rheology, evaporation or serve as a matrix for other materials.