Industrial Real Estate Management

Archive for January, 2020

Grand Opening Of Storage Facility In Teaneck – Cubesmart Self Storage

On December 19th, 2019, 123 West Tryon Avenue LLC, the landlords of this 43,000 square foot building held an official grand opening for a self-storage facility in Teaneck. CubeSmart Self Storage offers an easily accessible location at 123 West Tryon Avenue, Teaneck, NJ 07666. This location has easy access to the George Washington Bridge, Garden State Parkway, I-95, I-80, Route 4 and Route 17. This building offers flexible gates and office hours. It is completely air conditioned and the entire facility is equipped with a wet sprinkler system and a central station monitoring system. CubeSmart offers an array of clean, modern storage units, along with on-site packing and storage supplies, including locks, tape and boxes. Visit this Teaneck, NJ storage facility today and speak to someone regarding flexible contracts, including month-to-month leases, to reserve your specific size storage unit. Please call (201) 287-4909 for further information.

Outro, LLC exercises their Renewal Option for a three year period with 700 Grand Avenue, LLC at 1050 Slocum Avenue in Ridgefield

Outro, LLC exercises their renewal option set forth in their lease extending their lease for another three year period commencing on February 1st, 2020 and terminating on January 31st, 2023. Outro, LLC leases the space from 700 Grand Avenue, LLC to warehouse and distribute apparel and accessories. They lease 5,299 gross rentable square feet within a 60,000 square foot building. This building is a two-story office/warehouse brick building originally built in 1949, with an addition constructed in 1954. The building is located a few blocks south of Route 46 and has easy access to the George Washington Bridge, I-95, I-80 and NJ Turnpike. Outro, LLC was represented on the lease negotiations by Eastern Realty, Inc. Tryon Management Corporation represented the landlord, 700 Grand Avenue LLC, in the transaction.

Safety Line Corp signs Amendment to Lease extending their lease for another five year period

Safety Line Corp extends their lease for another five year term. With an amendment now in place, their lease extension commences on July 1st, 2020 and terminates on June 30th, 2025. Their current lease expires on June 30th, 2020. Safety Line Corp occupies 4,484 square feet of a multilevel brick office/warehouse building located at Broad Avenue in Fairview, commonly known as the Windsor Warehouse Center. The warehouse section of the building is currently configured into nine office and warehouse suites ranging from 4,900 sq/ft to 12,550 sq/ft. The rent includes water, real estate taxes, landscaping, snow removal, fire insurance on structure and sprinkler standby charges. For over twenty years, Safety Line Corp has been providing customers with an extensive and unique collection of workwear, safety footwear, head and eye protection, personal protective equipment and traffic safety equipment essential for a diverse range of industries such as construction, oil and gas, welding, mining, agriculture, transport, chemical, warehousing and manufacturing.