Four Long-term Leases Recently Secured in Commuter Office Park
ISELIN, N.J. (July 10, 2009) – Bergman Real Estate Group, a privately owned real estate investment firm that owns and manages office properties throughout New Jersey, recently announced a new long-term lease, two lease renewals and a lease expansion and extension at 510 Thornall Street in Edison, N.J.
510 Thornall Street, a three-story, 65,000-square-foot Class-A building that offers convenient access to the Garden State Parkway, New Jersey Turnpike and Route 1, is also one of the closest office buildings to public transportation in central New Jersey. Within walking distance from the Metropark Train Station, which is served by Amtrak and New Jersey Transit trains on the Northeast Corridor Line, New York City’s Penn Station is only 30 minutes away by rail.
Choice Home Warranty, a company that provides comprehensive protection plans on home systems and appliances, signed a long-term lease for 3,300 square feet of office space in the building. Choice Home Warranty was represented by John Goodwin of CB Richard Ellis’s East Brunswick office.
Allstate Insurance Company, one of the nation’s largest publicly held personal insurer, renewed their lease for 8,283 square feet of office space in the building. Allstate was represented by Ed DaCosta of CB Richard Ellis’s East Brunswick office. Datamatics Global Services, Inc., an information technology and business process outsourcing company, also renewed their lease for 1,343 square feet of office space in the building.
Dome-Tech, Inc., a United Technologies company and world-class energy engineering and professional consulting services firm, extended and expanded their lease for 12,000 square feet of office space in the building. Dome-Tech was represented by Jeremy Neuer, Michael A. Gordon and Joseph Sarno of Cushman & Wakefield.
“The strong leasing activity at 510 Thornall is a direct result of its outstanding location and very competitive lease terms,” noted John G. Osborne, executive director of leasing and marketing for Bergman Real Estate Group. “In this challenging economic climate tenants are looking to be highly cost effective while strategically remaining focused on maximizing efficiency and productivity. 510 Thornall appeals to tenants’ bottom line and operational needs.”
On-site management, 24-hour card key access, fiber optic and other high-speed telecommunications options are among the value-added conveniences at 510 Thornall Street. Lobby and bathroom improvements are planned for late in 2009.
To learn more about leasing opportunities at 510 Thornall Street or other Bergman Real Estate Group properties, contact John G. Osborne or Kelly Ziegenfuss at (732) 855-8600 or visit www.bergmanrealty.com.
About Bergman Real Estate Group
Bergman Real Estate Group is a privately owned real estate investment and management firm that specializes in the acquisition, management, leasing and construction of commercial office properties throughout New Jersey. Since its formation in 1988, Bergman Real Estate Group has earned a solid reputation as a leader in the New Jersey commercial office market with a current portfolio consisting of 15 office buildings comprising 1,600,000 square feet, including two properties where Bergman provides third party leasing services on behalf of a pension fund advisor. The company continues to actively pursue value-added investment opportunities in the marketplace.