NEW JERSEY—ZT GroupInc. has signed a long-term lease to occupy 23,451 sq. ft. of space at 333 Meadowlands Parkway in Secaucus. The space will serve as the company’s new headquarters.
Colliers International New Jersey’s Frank Lopriore, executive managing director, negotiated theon behalf of ZT Systems. John Osborne, executive director of leasing and marketing for the Bergman Real Estate Group, spoke for the building ownership.
ZT Systems outgrew its previous headquarters at 350 Meadowlands Parkway, where it will maintain space for engineering, assembly and distribution activities. The firm will occupy the entire second floor of the six-story property.
Originally built in 1981, 333 Meadowlands Parkway is part of the Harmon Cove office complex. Other tenants in the park are MSNBC, Panasonic, International Paper and PSE&G.
The low-rise building recently completed a $2 million capital improvement program and is less than one mile from the Exit 15X interchange of theTurnpike and the Secaucus Junction Train Station.
ZT Systems is a provider of server and rack-level hardware for large and hyperscalecenters. Founded in 1994, the company’s client roster includes Fortune 1000 companies, government agencies, small businesses and large Internet infrastructure companies.