X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

MOUNT ARLINGTON, NJ-Storis Management Systems has leased 24,422 sf at 400 Valley Rd., a 131,000-sf building within the 80-acre Mount Arlington Corporate Park. The tenant is a supplier of integrated solutions designed to manage retail business operations.

CB Richard Ellis represented the ownership of Mount Arlington Corporate Park, a local partnership, with the firm’s first VP Randy Eigen, VP Gregory Barkan and senior associate William O’Keefe handling the assignment. Storis was represented by Eric Laden of Cornerstone Real Estate Group, and by Tom Consiglio of Resource Realty. Terms of the signing were not released.

The signing brings 400 Valley Rd. past the 90% leased mark, with other tenants including Samsung, Telelogic and Rutgers University. The asset is one of three existing buildings and two additional building sites that comprise the park. 400 Valley Rd. has availabilities ranging from 2,500 to 8,400 sf, and availabilities of various size exist in the property’s other buildings, according to Eigen.

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?

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.