The Perfect Moment to Negotiate Office Rent
The sweet spot occurs when 75% or more of a market’s peak-to-trough decline has occurred.
NUTLEY AND CLIFTON, NJ—Ralph Lauren Corporation has signed a full-building lease at Prism Capital Partners’ ON3, becoming the latest tenant to commit at the 116-acre campus in Nutley. The iconic American lifestyle brand will remain headquartered in NYC and will move its New Jersey hub to 100 Metro Blvd., supported by a $33 million Grow NJ grant.
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The sweet spot occurs when 75% or more of a market’s peak-to-trough decline has occurred.
Gebroe-Hammer Assoc. represented the seller, OneWall Partners, and procured the buyer, an unnamed private investment group, for the transaction.
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