Industrial Real Estate Management

Archive for the ‘Uncategorized’ Category


Diamond Needle Corporation signs Second Amendment to Lease extending their lease for another five year period

Diamond Needle extends their lease with 60 Commerce Road, LLC for another five years. They have been a tenant of 60 Commerce Road, LLC since January 1, 2006, almost fifteen years, while maintaining an excellent landlord-tenant relationship. Diamond Needle occupies 19,920 sq/ft of space in this free-standing brick and block building originally built in 1964. This building has 3,300 sq/ft of office space and 16,620 sq/ft of warehouse space. Space features gas-fired unit heaters, a wet sprinkler system, one tailgate loading dock and one recessed interior loading platform. The building is in a prime location in Carlstadt’s Industrial Park, located one block west of Washington Avenue, with great access to the Lincoln Tunnel, I-95, I-80, NJ Turnpike, Route 3 and Route 17.

Diamond Needle Corp. was founded in 1951 and is one of the world’s largest distributors of the most comprehensive suppliers of all types of industrial and household sewing machine needles, as well as machine parts for sewing, embroidery, quilting, mattresses, bookbinding, furniture, automotive, industrial textiles and cloth cutting. Diamond Needle Corp has an alliance with Organ Needle Company of Japan, as their exclusive North American distributor, which gives them the backing of the world’s leading quality maker of sewing machine needles.

For more information, visit their website at diamondneedle.com

Sussman & Han, LLC moves into 1050 Slocum Avenue, Unit D, Ridgefield

Sussman & Han, LLC moved into 1050 Slocum Avenue, Unit D, Ridgefield on July 27, 2020. Their lease term is for five years and one month. They leased 7,595 square feet of warehouse space for the warehousing and distribution of garments that they contract and sell to QVC (Qurate Retail Group), which is the American free-to-air television network and flagship shopping channel specializing in televised home shopping. Prior to contracting with QVC, Sussman & Han, Inc used to contract with Ralph Lauren. They were represented on the lease negotiations by Chaus Realty, LLC and Tryon Management Corporation represented the landlord, 700 Grand Avenue, LLC. The landlord constructed an additional 26′ x 19′ office space.

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.




Geo Distribution, LLC moves into 1050 Slocum Avenue, Unit G, Ridgefield

Geo Distribution, LLC moved into 1050 Slocum Avenue, Unit G, Ridgefield on November 15, 2019. Tryon Management Corporation was able to seamlessly transition Geo Distribution, LLC into this open space. Additionally, they were represented on the lease negotiations by Tryon Management Corporation. The term of their lease is for two years and sixteen days. They leased 6,604 square feet of warehouse space, within the 60,400 square foot building. The rent includes gas and electric, water, sewer, real estate taxes, landscaping, snow removal and fire insurance on structure. Geo Distributions, LLC is in the business of warehousing and distributing cosmetics.

French Feast, Inc. signs the Renewal Option in their Lease Modification Agreement for another three year period

French Feast, Inc. exercised their renewal option extending their lease for another three-year term commencing on August 1, 2019, and terminating on July 31, 2022. Their lease expired on July 31, 2019. French Feast, Inc. occupies 15,434 sq/ft of space in a 43,540 square foot free-standing brick building that is divided into five rental units. This building was built in 1955 and an addition was added in 1963. The building is equipped with a wet sprinkler system and central station monitoring of the fire protection systems. French Feast, Inc brings the finest gourmet French foods to your table from chocolates to vinaigrettes to olives and much more. This building is located at 475 S. Dean Street, Englewood. Tryon Management Corp represented the landlord in the transaction.

For more information, visit their website at https://www.frenchfeast.com/

Clean Air Supply Co. signs their Renewal Option in Second Amendment to Lease exercising their Renewal Option for another five year period

Clean Air Supply Co. exercised their renewal option set forth in their Second Amendment extending their lease for another five year term commencing on November 1, 2019 and terminating on October 31, 2024. Their current lease expires October 31, 2019. Clean Air Supply Co. fully occupies a free standing 20,707 sq/ft brick and block building that was built in 1990. The building has gas fired unit heaters, wet sprinkler system, two tailgate loading doors and 22’ ceiling height. Clean Air Supply Co. warehouses and distributes machines, parts and supplies for dry cleaning businesses. This building is located at 170 Roosevelt Place, Palisades Park. A prime location in Palisades Park’s industrial area, along Overpeck Park, only ¾ of a mile north of Route 46.

For more information, visit their website at http://cleanairsupply.com/

Single Collar Cuff Press Machine


Delice Global signs Fourth Amendment to Lease extending their lease for another three year period

Delice Global, Inc. extends their lease with 150 Roosevelt Place, LLC for another three year term. They have been a tenant of 150 Roosevelt Place, LLC since June 2010. The extended three year term commences September 1, 2019 and terminates August 31, 2022. Delice Global, Inc. occupies 20,125 sq/ft of space. This freestanding brick warehouse building in Palisades Park has a 4,364 sq/ft office and a 15,761 sq/ft warehouse. The facility features gas fired unit heaters, wet sprinkler system, four tailgate loading doors, over-sized parking lot and 14’-6” ceiling height. The building is in a prime location in Palisades Park’s industrial area. Established in 1988, Delice Global, Inc. became a global franchise reaching over seventy countries including the United States, Europe and other international markets. Delice Global, Inc. is constantly expanding with machines that make various grain treats, such as Kim’s Magic Pop, Deli Pop, Mini Pop and Bob Pop, along with baking machines and automatic packaging machines.

For more information, visit their website at http://www.deliceglobal.com/

Peak Performing Arts signs Fourth Amendment to Lease extending their lease for another three year period.

Peak Performing Arts extends their lease with 734 Grand Avenue, LLC for another three year term. They have been a tenant of 734 Grand Avenue, LLC since May 2014. Peak Performing Arts, formally known as The Viibe, LLC, is a multipurpose facility, offering a dance and fitness center, professional recording studios and a kickboxing gym, catering to both children and adults at all levels. The extended three year term commences June 1, 2019 and terminates May 31, 2022. Tryon Management Corporation represented the landlord in the transaction. Peak Performing Arts occupies 10,787 sq/ft of space, within a 70,875 square foot building. The building is currently configured into five warehouse suites ranging from 7,300 sq/ft to 21,340 sq/ft and a 10,800 sq/ft retail space. The building is in a prime location one block south of Route 46.