In the transaction, which carries a lease term of 12 years, the tenant was represented by George P. Molloy of GM Realty Advisors Inc. of Hillsborough, NJ. The owner of the property, KF Pierce LLC, an affiliate of Schenkman/Kusher of Bridgewater, NJ, was represented by Chuck Fern and Joel Lubin of Binswanger/Klatskin Associates of Teterboro, NJ.
Ekornes, founded in Norway in 1934, is known for its upscale leather furniture. The market markets its products under its own name, as well as under the Stressless collection and several other brands.
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