PARSIPPANY, NJ-The local office of Colliers Houston & Co., which has its home base in Teaneck, NJ, has put together three leases and a sale transaction in Northern New Jersey totaling 113,300 sf. The firm’s SVP Howard Weinberg and associates Matthew Turse and Austin Godfrey were all involved.

In the largest deal, Wessel Fragrances Inc. of Englewood, NJ signed a long-term lease for 55,000 sf of distribution space at 50 Furler St. in Totowa, NJ. Colliers Houston repped the owner of the building, D&R Associates, while Dan Brown of TRS Associates, Rochelle Park, NJ, spoke for the tenant.

Weinberg and Turse, meanwhile, represented Owens Drive Corp. in the sale of their 22,500-sf light industrial building at 10 Owens Dr. in Wayne, NJ. The buyer, Rigid Paper Tube of Paterson, NJ, was repped by Jeff Rosenberg and Rick Dandrow of CB Richard Ellis, Saddle Brook, NJ. The deal marks an expansion move by the buyer.

The Colliers Houston trio also acted on behalf of building owner Masswood Brothers Realty Inc. in the signing of a 20,000-sf lease at 70 Maltese Dr. Fit-Rite Body Parks Inc., a replacement auto parts business, will occupy about one-quarter of the 81,000-sf building.

Finally, the threesome also arranged the renewal of a lease for 15,900 sf of warehouse/distribution space at 235 McLean Blvd. in Paterson, NJ, for a division of Bradco Supply, a building materials supplier. Colliers Houston repped the owner of the building, Lembo Research & Development.

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?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

 

GlobeSt Net Lease Spring 2024Event

This conference brings together the industry's most influential & 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 © 2024 ALM Global, LLC. All Rights Reserved.