Cityview Corporate Center Picks Up First New Tenant

LYNDHURST, NJ-The vacant and recently repositioned Cityview Corporate Center has its first new tenant. Display Group 21 LLC has signed on for 20,000 sf at the 118,300-sf class A building in the Meadowlands submarket. Terms of the signing were not released.As reported by GlobeSt.com, the Waldwick-based Kwartler Associates bought the building just over a year ago from Lincoln Property Co. and ING. The latter two companies had partnered to reposition the three-story asset as a class A building, and after the sale, Kwartler retained Lincoln Property Co. as the exclusive leasing and marketing agent for the property.In the Display Group 21 signing, the new tenant was represented by George Kakaty of the Acclaim Group, Cranford. The ownership was represented by Rick L. Genthe, vice president, and Peter Zaslowe, senior leasing director of Lincoln Property Co., which has its New Jersey offices in Edison and Parsippany. Marty Kwartler and Dan Frank of Kwartler Associates were Kwartler’s in-house reps.”We are currently experiencing an increase in demand for space in this facility,” says Michael Taylor, SVP at Lincoln Property Co., noting that 118,300 sf is currently available. “It offers tenants a value-add lease opportunity.”Design Group 21 is a point of purchase advertising display design and prototyping company.