SECAUCUS, N.J. (April 18, 2014) – Bergman Real Estate Group, a full service real estate company of 25 years that owns and manages office properties throughout New Jersey, together with Gottesman Real Estate Partners, a privately owned real estate investment firm, today announced two long-term leases at 333 Meadowlands Parkway, a six-story, 138,000-square-foot, Class A office building in Secaucus, N.J.
Signing together as one tenant, University Communications, Inc. and Fortressitx, LLC inked a new lease for 7,300 square feet. Cresa NJ Vice President Edward M. English brokered the transaction on behalf of the tenant, which will take occupancy in spring of 2014.
“As tenant reps, we focus 100 percent of our resources on the needs of tenants,” English said. “Part of that equation is knowing what landlords are a good fit for their business. In this case, we needed a building owned by a well-capitalized and locally based landlord that could work with them both now and in the future as they move forward with a growth strategy in New Jersey. After evaluating various options, we felt that Bergman was an excellent fit, with 333 Meadowlands Parkway being ideal due to its central location, existing space conditions and recent property upgrades.”
U.S. Security Associates Holdings, Inc., a leading provider of security guard services, signed a 4,200-square-foot ground floor lease with its own private entrance, and is currently occupying the space. Cathie Salamone of Evergreen Commercial Real Estate facilitated the transaction on behalf of the tenant.
Part of the 980-acre Harmon Cove mixed-use campus, 333 Meadowlands Parkway features abundant parking (some of which is covered), a plaza patio with outdoor picnic tables, an on-site restaurant and an on-site building manager. Ownership has plans to upgrade the single-story retail building this year.
“These lease transactions bring the 114,000-square-foot Class A office portion of 333 Meadowlands Parkway to nearly 100 percent occupancy,” said John G. Osborne, Bergman’s executive director of leasing and marketing. “We currently are seeking tenants for three retail/flex/medical units — a 2,176-square-foot space, a 3,309-square-foot space and a 2,818-square-foot former bank branch that would be a great fit for an office, retail or medical tenant.”
Less than one mile from the Exit 15X interchange of the New Jersey Turnpike and Secaucus Junction train station, the 333 Meadowlands Parkway provides easy access to the area’s major highways including the Garden State Parkway, I-495, I-280, I-78, and routes 3 and 17. The property is also convenient to both New York City and Newark Liberty Airport, and is near a host of restaurants, hotels and retail centers.
To learn more about leasing opportunities 333 Meadowlands Parkway or other Bergman Real Estate Group properties, contact John G. Osborne or Kelly Ziegenfuss at 732-855-8600.
About Bergman Real Estate Group
Founded in 1988, Bergman Real Estate Group is a privately owned, full-service real estate investment and management company. With more than 25 years of history operating in New Jersey and other select markets, Bergman has earned a solid reputation as a reputable and trustworthy owner/manager. The company’s fully integrated platform includes acquisition, ownership, asset and property management, leasing and construction supervision. Bergman, which has built its success on acquiring and successfully repositioning underperforming, “value-add” properties in prime locations, currently manages 19 office buildings comprising 1.8 million square feet. For more information, visit www.bergmanrealty.com.
About Gottesman Real Estate Partners
Gottesman Real Estate Partners focuses on commercial properties, particularly office buildings, in and around New York City. Its flagship holding is The Hippodrome Building at 1120 Avenue of the Americas in Manhattan, which includes 750,000 square feet of corporate office space, retail offerings and a multi-level parking garage. The family-owned enterprise also controls assets in Secaucus, Princeton, Clifton and Sea Girt, N.J., among other locales. Gottesman Real Estate’s long-term strategy allows the firm to properly manage its portfolio with both its tenants and partners in mind.