JLL Represents Landlord in Secaucus Lease

SECAUCUS—New Boston Fund, Inc. and Prism Capital Partners LLC have leased 21,333 sq. ft. of class-A office space to Delta Galil Industries Ltd., a global manufacturer and marketer of branded and private label apparel products, at One Harmon Plaza.

Delta Galil’s relocation from 150 Meadowlands Parkway, also in Secaucus, continues to increase the tenant roster at the recently renovated One Harmon Plaza.

One Harmon Plaza is a 10-story, 192,000-sq.-ft. office property, located in a mixed-use complex that also includes a 319-room Crowne Plaza Hotel, a 20,000-sq.-ft. retail building and a 1,000-car shared parking garage. The building is currently undergoing a $4.5 million renovation that includes the construction of a new entrance arcade, façade changes, common area upgrades and garage enhancements.

Jones Lang LaSalle managing director Thomas Reilly and associate Derek DeMartino handled the assignment on behalf of New Boston Fund and Prism Capital Partners. CBRE senior vice president David Opper and first vice president Matthew S. Corpuel represented Delta Galil.

New Boston and Prism Capital Partners purchased One Harmon Plaza in January of 2007 as part of New Boston Fund VI. Additional tenants at One Harmon Plaza include Micro Excel and JP Morgan Chase Bank.

Please or Register to post comments.

Latest poll

Total CMBS Issuance Volume

There has been $30.3 billion in new CMBS issuance to date in 2013, according to Commercial Mortgage Alert. That puts the industry on pace to smash last year’s volume of $48.4 billion and will make 2013 the busiest year for CMBS issuance since 2007. Where do you think total CMBS issuance volume will end up in 2013?

 

Newsletter Signup

NREI Daily Regional Newsletters

Connect With Us
National Real Estate Investor Related Sites