SADDLE BROOK—CBRE represented The Sawtooth Group in a 19,713-sq.-ft.transaction at 141 West Front Street, Red Bank.
The full-serviceand communication agency focusing on brand testing and strategy is subleasing the space from K. Hovnanian and relocating from Woodbridge. CBRE first vice president Suzanne Macnow and vice president Adam Englander represented the tenant.
The three-year-old 92,000-sq.-ft. class-Abuilding is owned by a joint venture of Mack-Cali and PRC Group. Amenities include on-site garage parking, full-time property management, a full-service restaurant, flexible floor plates and fiber optics. The site is located near the downtown area with convenient accessibility to the Garden State Parkway.
The site's tenant roster includes Ameriprise, Booz Allen Hamilton, Deutsche Telekom, Genova Burns & Venoia, Global Compliance, Littleton Joyce Ughetta Kelly & Park, Opus Trading Group, The Benchmark Group and V-12 Group. Current availability includes 4,959 sq. ft. and 2,579 sq. ft. on the first floor and 2,486 sq. ft on the third floor.