ELMWOOD PARK, New Jersey—October 6, 2017—The New Jersey office of Lee & Associates, the largest broker-owned commercial real estate firm in the nation, has added Michelle Szczesny as Property Manager to its Elmwood Park office. Szczesny, whose expertise covers security, leasing, cost containment, construction, accounting, and tenant/project management, has managed more than 5.6 million square feet of office, retail and industrial properties located in the New Jersey, New York, Pennsylvania and North and South Carolina…
157,000 SF Sale of One Commerce Drive, Cranford, NJ
ELMWOOD PARK, NJ – July 2017 Lee & Associates’ Central New Jersey Industrial Team is pleased to have brokered the sale of a 157,000 SF industrial building located at 1 Commerce Drive in Cranford. Richard Marchisio, Crista Bartolomeo and Brian Lynch of Lee & Associates assisted in the sale. About Lee & Associates, New Jersey Lee & Associates – New Jersey is a unique and dynamic commercial real estate services firm with two locations –…
Sale of 12,550 SF Industrial Building at 84 Industrial Ave, Little Ferry
ELMWOOD PARK, NJ – June 2017 Lee & Associates has sold 84 Industrial Avenue, Little Ferry, NJ (12,550 SF Industrial Building) to Levest Electric Corp of Manhattan. Levest was represented by Cushman & Wakefield. Scott Deutchman and Troy Wisse of Lee & Associates handled the property for Pyramid Group of Ramsey. This transaction gave a mid-town New York company the ability to service their New York market and maintain a larger facility to accommodate a…
Mountainside, Chatham & Fairfield Deals
Lee & Associates New Jersey Closes Over $15 Million in Transactions ELMWOOD PARK, New Jersey—April 21, 2017—Doug Gaffney and Jason Lynch of Lee & Associates New Jersey, recently closed three transactions with an aggregate deal value exceeding $15 million. In the largest of the three transactions, the team sold a fully leased two building industrial complex on 9.2 acres on behalf of Panther Graphics LLC. The two building campus is located at 256-270 Sheffield St….
Structured Finance Raises Lee Industry Profile
ELMWOOD PARK, NJ—Here are two basic market truths. First is that we’re still feeling the effects of the 2008 downturn as the market continues to rebuild its capital-market position. Second is that, as a market presence, Lee & Associates, the Orange, CA-based brokerage house, has always been thought of as just that, a brokerage house. While responding to the first issue, Gary Sopko and Matthew Schnurr solved the second when, earlier this year, they joined Lee to launch the firm’s structured…
First Transit Group Inks Lease Agreement at 896 Frelinghuysen Ave.
ELMWOOD PARK, NJ – October 2016 – Scott Deutchman, who joined Lee and Associates as Vice President in December 2014, recently announced the 7-year lease of 896 Frelinghuysen Avenue in Newark, New Jersey. The deal, in which Lee & Associates represented First Transit Group out of Cincinnati, Ohio, encompasses more than 83,000 square feet and will serve as a depot for vehicles that transport individuals in the Essex & Union County districts in New Jersey —as First Transit is contracted…
Lee & Associates Lists Mixed-Use Building on Clinton Avenue
EDISON, NJ – September 2016 Commercial real estate services company Lee & Associates NJ is pleased to list a property at 485 Clinton Avenue in Newark with great potential for development. The building is situated directly across the street from city of Newark Police Headquarters. This is a prime corner location at Clinton Avenue and Bergen Street. The building’s location lends itself to the development of street level retail with apartments on upper floors. The…
Lee & Associates New Jersey Lands Sizeable Commercial Deals
ELMWOOD PARK, NJ – July 2016 Edison-based real estate firm Lee & Associates recently completed transactions involving diverse commercial properties in the area. Agents David Kelso and Carrie Distefano managed the sale of an 11,000 square-foot retail facility in Wall, at 3300 Highway 38. This was an investment for the client, and the current tenant, The Learning Experience, will remain at that location. This successful childcare franchise has locations all over the state, serving and educating children ages…
Industrial 1031 / Sale – Leaseback Opportunity
Lee & Associates is pleased to exclusively offer this absolute net leased industrial / flex investment opportunity located in Mountainside, NJ (the “Property”). The Property serves as the New Jersey headquarters and production center for Digital Color Concepts (“DCC”). DCC will sign a new ten (10) year absolute net lease with annual escalations through the term. Watch presentation here ! Investment Highlights Absolute Net Lease (Tenant maintains roof and structure) New ten (10) year lease term Web Undies…