NEWS

ELMWOOD PARK, New Jersey—March 14, 2018—Santander Bank has signed a long term extension of its lease at Crossroads at Livingston, 301 South Livingston Avenue in Livingston, N.J.  The nearly 5,000 SF bank branch offers a full range of financial products and banking services, including drive-up and 24 hour ATM access. “We are pleased that Santander Bank, a longtime tenant of our building, has extended its lease”, said Eldad Levy, President of Centrock Corporation, owner of…

Lee & Associates NJ hosted another Donation Drive to benefit Suits for Success earlier this year. Many professional suits, blouses, skirts, shoes, bags and ties were donated to assist other man and women to find their way back into the workplace, to make a great first impression, and to land a job that could change their lives. And we delivered. Great job and thanks to all who supported this wonderful cause.

The iconic American toy store, Toys R Us, filed Chapter 11 bankruptcy in September 2017. In mid-March 2018, the retail chain announced that it was going out of business and shutting down its 1,758 locations around the world. Toys R Us operated in more than 25 cities in New Jersey. For companies looking to get a good deal on prime commercial real estate in the New Jersey market, bidding for the closed Toys R Us…

ELMWOOD PARK, New Jersey—April 6, 2018—The New Jersey office of Lee & Associates is pleased to announce the sale of 50-52 Fadem Road in Springfield, New Jersey, a modern, 207,000 SF industrial facility on 10+ acres.  Attributes include ceiling heights ranging from 22 to 32 feet, multiple loading docks and executive office space.  Situated just off Route 22 in Springfield, the facility has direct, toll free access to Port Newark/Elizabeth. The team of Rick Marchisio, Crista Bartolomeo…

Jersey City’s Harborside waterfront has long been a pleasant enough walking path for commuters headed to or from the train station. Today, though, Harborside has become the place to be. Soon to be anchored by a high-tech, 40-story Class A office building with 1.2 million square feet of space, Harborside is the place to be for those interested in commercial real estate. The long-term plan for the area is ambitious, following Brooklyn’s lead in transforming…

For a business, paying commercial real estate taxes is just another part of running your company. If you recently purchased commercial real estate, it can be overwhelming to figure out what to do. Here is an overview of commercial real estate taxes in the United States.

Lee & Associates New Jersey in Vegas Brian Lynch & Jeff Rinkov being interviewed by Globe St.            …until next year!

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…

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 –…