Thank you for sharing!

Your article was successfully shared with the contacts you provided.

OLD BRIDGE, NJ-Denholtz Associates has found a major tenant for its brand-new Metropark South II office building in the form of Broadcom Corp. The Irvine, CA-based Broadcom, a tech company focused on semiconductors for wired and wireless communications, has signed a full-floor lease for 21,000 sf at the three-story, 53,000-sf building.

The Rahway, NJ-based Denholtz was represented in-house by leasing director Steve Geltzeiler. Broadcom was represented by Kim Josephson of Real Tech Inc., based in Irvine. Terms were not released.

Geltzeiler says that “this is a significant transaction. This lease reflects the ability of Metropark South II to meet the requirements of tenants like Broadcom.”

Denholtz started construction for the building, located not far from the company’s fully leased, 130,000-sf Metropark South I, in late 2006. Metropark South II was subsequently made ready for occupancy in late 2007.

The building’s 2.7-acre site, just off Exit 120 of the Garden State Parkway, was originally slated for residential development. Denholtz acquired the property in mid-2006 from Kara Homes, which shortly thereafter declared bankruptcy.

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
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


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 © 2020 ALM Media Properties, LLC. All Rights Reserved.