X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

MAHWAH, NJ-Two new lease transactions have taken 109,400 sf of industrial space owned by Raia Properties, based here, off the market. In the first, Black Millwork Co., a home improvement products supplier, leased 37,400 sf at Raia’s 360 North Franklin Turnpike in Mahwah, expanding its existing 120,000-sf operations in nearby Allendale. The tenant was represented by Richard Van Houten Jr. of Trammell Crow Co.’s NJ offices, based in Chatham.

With that deal secured, Raia signed on Van Houten and Paul Gavin of TCC to lease the company’s 414 Alfred Ave. in Teaneck, and the duo promptly signed up Apex Foot Care for the entire 72,000-sf building. Apex is relocating to the facility, which was previously occupied by a call center operation, from South Hackensack. Because of its previous use, the facility offers T-1 and fiber-optic lines and other high-tech amenities.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper

GlobeSt. NET LEASE Awards 2020Event

These awards honor the industry's most influential and knowledgeable real estate executives from the net lease sector.

Get More Information
 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.