Industrial Real Estate Management

Archive for the ‘Uncategorized’ Category


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.

Home Excellence, Inc. moves into One Broad Avenue, Unit 4, Fairview

Home Excellence, Inc., a home goods company, moved into 1 Broad Avenue, Unit 4, Fairview on November 1st, 2018. They were represented on the lease negotiations by Chaus Realty, LLC. Tryon Management Corporation represented the landlord. Their lease term is for three years, commencing November 1st, 2018 and terminating on October 31st, 2021. Home Excellence, Inc. leased 7,157 square feet of warehouse space, within a 64,712 square foot building. The warehouse section of the building is constructed into nine office and warehouse suites, ranging from 4,900 sq/ft to 12,550 sq/ft. Home Excellence, Inc. imports from Mm Enterprises in Pakistan. More information pertaining to their products can be found at https://www.homexcell.com/

1560 Palisade Avenue, LLC signs a Parking License Agreement with Sinai Special Needs Institute, Inc.

Sinai Special Needs Institute, Inc., a sub tenant of Torah Academy of Bergen County (TABC), signed a Parking License Agreement with 1560 Palisade Avenue, LLC. This agreement allows them to use twelve parking spaces at the southern end of Palisade Avenue in Teaneck, in close vicinity to the Torah Academy, a Yeshiva high school. The offices of Sinai Special Needs Institute, Inc. are located at 240 Frisch Court, Paramus, New Jersey.

Lincoln of Englewood & Prestige Volvo Cars of Englewood sign a Parking License Agreement

Lincoln of Englewood & Prestige Volvo Cars of Englewood signed a Parking License Agreement with 475 South Dean Street, LLC. Their offices are located at 186-190 Engle Street, Englewood, NJ. The fenced in parking lot accommodates for twenty cars, but they will stack the cars so that they can fit more cars into the parking area. The parking area is between 454 S. Dean Street and 480 S. Dean Street.

Trend Lab Corp signs Second Amendment to Lease extending their lease for another five year period

Trend Lab Corp extends their lease with Bonanno Real Estate Group for another five year term. Paragon Design Corp assigned their lease to a related entity named Trend Lab Corp on September 1, 2018. Trend Lab Corp is in the business of fashion jewelry. The extended five year term commences December 1, 2018 and terminates November 30, 2023. Tryon Management Corporation represented the landlord in the transaction. Trend Lab Corp occupies 9,776 square feet of warehouse space, within a 43,540 square foot building. The building is divided into five rental units and is located in the heart of Englewood’s Industrial Park.

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

Spectrum International, LLC signs Second Amendment to Lease extending their lease for another five year period

Spectrum International, LLC extends their lease for another five year term commencing on March 1, 2019 and terminating on February 28, 2024. Their current lease extension agreement expires February 28, 2019. Spectrum International, LLC occupies 5,411 square feet of a free standing 75,664 square foot brick and block building that was built in 1960 located at 200 Roosevelt Place, Palisades Park. The building has gas fired unit heaters in the warehouse areas, HVAC units in the office areas, wet sprinkler system, central station monitoring of the fire protection systems and 15′ ceiling height.

Della Pello Paving, Inc. moves into 700 Grand Avenue, Suite 3, Ridgefield

Della Pello Paving, Inc. moved into 700 Grand Avenue, Suite 3, Ridgefield on September 1st, 2018. They were represented on the lease negotiations by Eastern Realty, Inc. Their lease term is for one year, with an option to renew. They leased 911 square feet of warehouse space, within the 18,432 square foot office section of the building. The 700 Grand Avenue building address is the upper level office section of the building and is currently configured into twenty three office suites ranging from 240 sq/ft. to 2,225 sq/ft. Della Pello Paving, Inc was incorporated in 1954 and is a leading asphalt lay down contractor in New Jersey, specializing in milling, paving, excavation and concrete rehabilitation work. They provide services for state agencies, as well as private and commercial paving rehabilitation work on highways, municipal roads and county roads.