The total space involved in the three signings is just less than15,000 sf, with packaging maker US Corrugated Inc. accounting forjust less than 9,200 sf of that total. Bluefield Holdings Inc., anenvironmental engineering firm, has leased just more than 3,507 sf,and residential developer Treetop Development has taken 2,000 sf.For the latter, the signing represents a headquarter relocationfrom New York City.
The ownership was represented by SVP Jeff Kolodkin and associateDawn Arrabito of Grubb & Ellis' Fairfield, NJ office, whopicked up the exclusive assignment earlier this year. Terms of theleases were not disclosed; the approximately 100,000 sf currentlyavailable is listed with an asking price of $22.50 per sf. Built inthe mid-'60s, the building was at one time largely occupied byFirst Fidelity Bank.
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