In the larger of the two signings, Cambridge Silversmiths Ltd. has committed to the entire 106,800-sf industrial property located at 116 Lehigh Dr. in Fairfield, NJ. The company, which is one of the largest flatware importers and manufacturers in the US, was represented in the long-term transaction by Jeffrey Rosenberg of CBRE. The sublessor, J.C. Penney Corp. which had used the building as a distribution center, was represented by Benjamin Katz of Insignia/ESG.

With the signing, Cambridge Silversmiths will move its headquarters operations from a 52,000-sf facility in West Caldwell, NJ, more than doubling its size in the process. The new headquarters features a component of office space that totals about 15,000 sf.

"Cambridge required the additional space in order to consolidate its rapidly expanding operations in West Caldwell, as well as a third-party warehouse facility," according to Rosenberg. "We were able to identify and present the client with this opportunity prior to the property entering the market."

In the second transaction, Star Snacks has committed to a 45,274-sf lease at 107 Industrial Ave. in Jersey City. The company, which makes and distributes roasted nut products, will occupy the entire one-story facility, which it will use as a warehouse and distribution center. The property is located about four miles from New York City.

The owner of the property, CalEast, was represented in the signing by William Waxman, Nick Nitti, Carrie Brown and Kevin Walsh of CB Richard Ellis. The tenant was represented by the Alliance Real Estate Group of Englewood Cliffs, NJ.

Instant Insights /

CBRE Arranges Two Leases Totaling More Than 152,000 SF

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