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EATONTOWN, NJ-Plan B Communications, a reseller of phone service, has signed on the dotted line for 55,000 sf at 246 Industrial Way in this city’s industrial park, one of the largest in Monmouth County. Jonathan B. Schultz, president of The Schultz Organization, arranged the deal. Schultz is based in Woodbridge, NJ, and associate George Gemelos, who represented both Plan B and the property owner, The Townsend Cos.

The space was formerly utilized by Vtech Innovation, which moved to larger quarters. According to Schultz officials, the deal also represents the current dynamic of the industrial market across most of New Jersey, where space continues to be very tight, and space that does become available continues to be snapped up very quickly.

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