Industrial Real Estate Management

Archive for April, 2018

Jade Eastern Trading, Inc. moves into 13A Division Street, Fairview

Jade Eastern Trading, Inc. moved into 13A Division Street, Fairview on April 1st, 2018 for a lease term of five years and one month, with a five-year renewal option. The demised premises that they leased consists of 28,684 square feet of warehouse space, including two tailgate loading doors and one recessed interior door. The leased space is in a portion of a 55,742-gross sq. ft. building. The office space is approximately 5,625 sq. ft. Jade Eastern Trading, Inc. will be using the warehouse for the distribution of apparel and textile products to customers worldwide. Their main apparel for men and boys consists of items such as shirts, t-shirts, sweaters, ties, vests, pants and outerwear. Jade Eastern Trading, Inc. does business under the name of MARQUIS and their head-quarters were previously located in Moonachie, New Jersey. Atlantic Real Estate Services represented the tenant on the lease negotiations.

For more information, you can visit their website.

G Maxx Group, LLC moves out of 13A Division Street, Fairview and into One Broad Avenue, Unit 8, Fairview

G Maxx Group, LLC were tenants at 13A Division Street, Fairview for several years. They were renting 28,684 sq. ft. of warehouse space from Bonanno Real Estate Group at this location. However, over the course of their lease term, it became apparent that they required smaller warehouse space. Tryon Management Corp. was able to seamlessly transition G Maxx Group, LLC from a large space to a smaller space in a different building in the same complex in Fairview. Without any interruptions to their business, on April 1st, 2018, G Maxx Group, LLC moved into Unit 8 of 1 Broad Avenue, Fairview. When their lease expired, rather than renting the initial 28,684 sq. ft. of space, they now rent 7,284 sq. ft of space. This space is better suited to their current needs. The term of their new lease is for three years. G Maxx Group, LLC is a New York limited liability company in the business of warehousing and distributing home and bath products such as curtains, pillows, cushions, shower curtains, shower liners, bath mats, etc.