Thank you for sharing!

Your article was successfully shared with the contacts you provided.

ENGLEWOOD CLIFFS, NJ-Palisades Technology Partners has subleased a total of 20,000 sf of office space from Physician WebLink at 440 Sylvan Ave. here. The long-term transaction has an aggregate value of $2 million.

The transaction marks a major expansion for Palisades Technology Partners, which was founded here just three years ago and had been occupying 4,000 sf as its headquarters at 440 Sylvan Ave. The high-tech company provides technical support services, focusing on the pharmaceutical, financial services and data warehousing industries.

Physician WebLink, which has consolidated its own operations to another facility nearby, was represented in the transaction by Matt Seltzer of Cushman & Wakefield of New Jersey Inc.’s East Rutherford office, along with Jon Marks of the brokerage firm’s Iselin, NJ office. Christopher Olsen and Jeffrey Babikian of Insignia/ESG of New Jersey, Saddle Brook, represented Palisades Technology Partners.

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?


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.