WAYNE, NJ-Toshiba America Consumer Products has renewed its space, representing the entire 138,000-sf office/industrial building at 82 Totowa Rd. here. The tenant, owned by Toshiba America Inc., a subsidiary of electronics giant Toshiba Corp., uses the building as its headquarters.

The tenant was represented in the re-signing by Marj Fujita, senior vice pesident, and Gregory Barkan, first vice president, of CB Richard Ellis in Saddle Brook, NJ. The owner of the building, East Meadow Corp., was represented by Cushman & Wakefield of New Jersey. Renewal terms were not released.

“The building was built exclusively for Toshiba nearly 20 years ago,” Fujita says. “It’s a first-class facility, and it remains an ideal location for Toshiba’s North American operations.”

“It meets their needs, and renewal was the right strategy from their financial and operational perspectives,” Barkan says. “The location within the upper Route 46/23 industrial submarket provides a strategic advantage for Toshiba America.”

Toshiba America’s ongoing home is a class A flex building with a total of 50,000 sf of office space and 88,000 sf of warehouse and distribution space. Its features include a half-dozen loading docks and 22-foot ceilings.

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?


© 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


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.