HASBROUCK HEIGHTS, NJ-Apex Communications has signed an expanded headquarters lease and will now occupy a total of 33,918 sf at Heights Office Center, located at 611 Route 46 here. The tenant is a medical communications company with a roster of pharmaceutical clients. Terms were not released; available space in the 128,000-sf building is listed with an asking price of $19.75 per sf. Altogether, about 60,000 sf remains available, including a maximum contiguous space of 31,275 sf.

“The owners of the building were able to ensure a smooth transition for Apex for this expanded space,” says Richard Danesi, SVP at CB Richard Ellis in Saddle Brook, NJ. As reported by GlobeSt.com, CBRE picked up the exclusive leasing assignment for the property from owners Praedium Group and Lincoln Property Co. earlier this year.

Praedium and Lincoln Property bought the building in late 2005 from Hartz Mountain Industries for a reported $11.9 million, or about $93 per sf. The new owners subsequently launched a capital improvement program, since completed, that upgraded the building from a class B to class A.

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.


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.