NORTHVALE, NJ—Toner Buzz, an online supplier of ink and toner, is relocating its corporate headquarters from Norwood, NJ, to 160 LeGrande Ave. in Northvale, where it has leased 15,000 square feet. The long-term commitment nearly triples Toner Buzz's size, and brings the 30,000-square-foot industrial property to 100 percent occupancy.
Cushman & Wakefield's Bonni Heller, based at the company's East Rutherford, NJ, office, represented property owner Pildes Brothers as exclusive leasing agent. Robert Calleo of LB Commercial Realty served as tenant broker.
“This area of northern Bergen County is recognized as a niche market defined by smaller industrial properties and a tenant base of regional companies,” Heller says. “These businesses tend to establish and grow locally, and Toner Buzz is no exception.”
According to Cushman & Wakefield's latest Marketbeat, the New Jersey industrial market is poised to remain one of the healthiest markets in the nation – Bergen County, especially, due in large part to its close proximity to the largest population concentration in the country.
Heller says 160 LeGrande Ave. provided a perfect fit. “Toner Buzz needed a larger space available for immediate occupancy,” she says. “In addition to being the right size, this unit had been modernized on spec. It really is a nice little building.”
Pildes Brothers recently installed an energy-efficient roof and new exterior windows, and upgraded the loading dock at 160 LeGrande Ave. Additionally, the space is fully air conditioned.
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Steve Lubetkin
Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].
