While obtaining a single user would be the easiest way to build the project out, the firm's CEO, Samuel M. Switzenbaum is also planning for the long haul by targeting firms needing 10,000 sf or less--perhaps as little as 1,000 sf. The project is said by brokers to be one of only two or three new developments in the Garden State from which small users would currently be able to choose.
Of the four buildings, two would encompass 47,000 sf on two levels. The other two would be single-story facilities of 11,000 sf each. Switzenbaum will make the space available for lease or sale; rents are expected to be in the $20 to $25 per sf range, while sale prices haven't been determined yet.
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