X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

(To read more on the industrial market, click here.)

SECAUCUS, NJ-ZT Group International has signed a lease for more than 128,000 sf of industrial space at 350 Meadowland Parkway here. The 200,000-sf building is part of locally based Hartz Mountain Industries’ Harmon Cove industrial complex in the Meadowlands submarket.

The lease marks an expansion for ZT Group, an 11-year-old original equipment manufacturer of PCs, laptops and servers headed by president Frank Chang. The company’s existing headquarters is here, at 210 Meadowland Parkway, another Hartz property. The terms of the signing were not disclosed; the space had been listed on Hartz’s web site for a five-year- term with the rental rate “upon request.”

“There remains enormous energy in industrial leasing activity in this market,” says Hartz president and COO Emanuel Stern. “That demonstrates the appeal of the location and the strength of the market.”

“Industrial space is the mainstay of our portfolio, and the pre-eminent driver of the Meadowlands’ region’s economic life,” Stern says. “Harmon Cove has been fully developed for several years now, but is constantly being reinvented.”

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. NET LEASE Spring 2021Event

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