"With the lack of new construction in the marketplace, coupledwith strong demand for space, we are confident this new class Aoffice building will experience significant leasing activity,"Steve Geltzeiler, director of leasing for Denholtz, tellsGlobeSt.com. Geltzeiler is handling the leasing assignment withsales associate David Zaro. The sale price of the site was notdisclosed.
Dubbed Metropark South II, the building is being marketed formulti-tenancy, according to Geltzeiler. Slated for completion inabout one year, the building is near Denholtz's Metropark South I,a 130,000-sf office building that is 100% leased. Both assets arenear Exit 120 of the Garden State Parkway. "We look forward tobuilding our presence in the Exit 120 submarket on the foundationof these two assets," Geltzeiler says.
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