X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

WOODBRIDGE, NJ-They come in all sizes, but they add up to 180,000+ sf of space, and collectively they’re a sign of the ongoing pace of activity in the New Jersey marketplace. The Schultz Organization/TCN Worldwide, based here, has done a slew of deals recently, beginning with the sale of the 55,185-sf Revmont Park office complex in Shrewsbury, NJ.

The buyer was Richard Bahadurian; the seller was unnamed. Just prior to the sale, Schultz arranged several leases, the largest being 6,939 sf by Broad Spider Networks. The Juvenile Diabetes Foundation, Phalanx Computing, NetSoft and Miramar Systems Integrators signed other leases.

In other transactions arranged by Schultz, Plan B Communications signed for 55,000 sf at 246 Industrial Way, Eatontown, NJ, a Townsend Cos. property; ISPSoft Inc. took 13,200 sf at 661 Shrewsbury Ave., Shrewsbury, NY, owned by New Jersey American Water Co.; and Nortel Networks (11,784 sf) and PenVision Information Systems (4,347 sf) took space at the Archon Group’s 100 Metropark South in Laurence Harbor, NJ to name a few.

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
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper

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 © 2021 ALM Media Properties, LLC. All Rights Reserved.