facebook
Traded Co logo
Submit
Daily limit: 0/10

Cresa's NJ Office Doubles Space With Long-Term Lease In Rutherford At 301 Route 17

Property Image
LEASED

New Jersey

See Similar Deals
Office4,465 SF
Leased 03/15/2024
the dealdetailscomps
Property Image
LEASED

Cresa's NJ Office Doubles Space With Long-Term Lease In Rutherford At 301 Route 17

301 New Jersey Highway 17

See Similar Deals
Office4,465 SF
Leased 03/15/2024
the dealdetailscomps

Summary

NEW JERSEY
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:4,465 SF
Transaction Type:Lease

The office property at 301 Route 17 North in Rutherford, NJ, boasts a 4,465-square-foot suite leased by Cresa. This newly renovated space serves as the expanded New Jersey office for Cresa, accommodating senior brokers Garrett Rioux and Dennis W. McConnell.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Tenants: Dennis Gralla & Jonathan Marks - Cresa
  • Lease Term: Long-term

Cresa's leadership, led by Dennis Gralla and Jonathan Marks, orchestrated the relocation to 301 Route 17 North, reflecting the firm's commitment to growth and expertise expansion across various asset categories. With plans for further team expansion in 2024, Cresa's New Jersey office brings over 25 years of experience to offer advisory, transactional, and project management services across 21 primary submarkets.

Details

LEASED
IMAGE: Dennis Gralla & Jonathan Marks DATE: 03/15/2024 ADDRESS: 301 Route 17 North MARKET: Rutherford ASSET TYPE: Office ~ SF: 4,465 TENANT: Dennis Gralla & Jonathan Marks - Cresa (@CresaGlobal) LEASE TERM: long-term NOTE: Cresa's New Jersey office doubled its space by relocating to 301 Route 17 North in Rutherford, NJ, and welcomed two senior brokers, Garrett Rioux and Dennis W. McConnell. Led by Dennis Gralla and Jonathan Marks, the team secured a long-term lease for a renovated 4,465-square-foot suite nearby, showcasing significant growth and expertise expansion across various asset categories. With over 25 years in New Jersey, Cresa's leadership plans further team expansion in 2024, offering advisory, transactional, and project management services across 21 primary submarkets.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Effective Rent (Annual)

$255,931.11

Total Lease Value

$2,559,311.06

Net Landlord Cash Flow$255,931.11