Industrial Real Estate Management

July 23rd, 2018

Frontier Express, Inc. dba JW Trading, a shipping company, moved into 1 Broad Avenue, Unit 6A, Fairview on July 13th, 2018. They were represented on the lease negotiations by Eastern Realty, Inc. Tryon Management Corporation represented the landlord. Their lease term is for three years and nineteen days, commencing July 13th, 2018 and terminating on July 31st, 2021, with a three-year renewal option. One Broad Avenue, LLC provided them with nineteen days rent concession. They leased 4,905…

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June 27th, 2018

DK Cosmetics are current tenants at 734 Grand Avenue, Suite A, Ridgefield. Their current five year lease began on May 1st, 2017 and expires on April 30th, 2022. They are currently leasing 21,340 square feet of warehouse space for the warehousing and distribution of Korean cosmetics. One year into their lease at 734 Grand Avenue, their inventory and business expanded, and it became apparent that they required more warehouse space. Tryon Management was able to seamlessly transition DK Cosmetics…

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June 26th, 2018

Advance Auto Parts renewed their lease with 53 West Century Road, LLC for another five years, with a five-year renewal option. With a fifth amendment in place, their lease now expires July 31st, 2023. Advance Auto Parts occupies the entire free-standing brick building, which is 34,966 square feet of warehouse space. The building was originally built in 1968 and is in the heart of Paramus’s Industrial Park. Advance Auto Parts bought out Worldpac and they are now a division of Advance Auto Parts….

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June 26th, 2018

DC Industries, LLC exercised their renewal option set forth in their original lease extending their lease for another five year term commencing on October 1, 2020 and terminating on September 30, 2025. Their current lease expires September 30, 2020. DC Industries, LLC fully occupies a free standing 70,228 sq.ft. brick building that was built in 1957 located at 15 Division Street, Fairview. It has 68,548 sq.ft of warehouse space and 1,680 sq.ft of office space. The building has gas fired unit…

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April 17th, 2018

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…

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