HOBOKEN, NJ- Education Dynamics has increased its total Hoboken presence to about 25,000 square feet by both expanding its space and extending its lease at 5 Marine View Plaza. The New Jersey office of FirstService Williams–soon to be Colliers International–represented Education Dynamics, a marketing provider that assists higher educational institutions find, enroll and retain students. Owner Ivy Realty Services was represented internally by Glenn DiGiacomo.
Leslie Meril and Doug Rowe, managing directors at FSW, represented Education Dynamics on the expansion and extension of its existing 12,522-square-foot, second-floor lease to 15,803 square feet. The company also occupies about 10,000 square feet at 111 River St., known as the Wiley Building.
“There has been a recent increase of people going back to school for additional education and training as they wait for the job market to rebound,” Meril says. “As a supporter of the higher education industry, this trend has helped spur the growth of Education Dynamics and created a need for more space.”
The five-story, 120,000-square-foot property is located in Hoboken’s business district, in close proximity to numerous businesses, shops and restaurants. Existing tenants include the Port Authority of New York and New Jersey, PVM Oil Associates and Clearpointe.