March 29, 2017
Bhasin Properties has found two new tenants for its development at 1 County Rd. in Secaucus, NJ. The new development totals 242,120 square feet spread over two buildings.
“Momentum is building quickly at 1 County Rd., which is now 25% pre-leased, with several more transactions in the pipeline,” said William Waxman for CBRE Group, which represented Bhasin in the lease negotiations. Space is available in almost any size, from 4,700 to 123,470 square feet.
David Donahue, a retailer of fine menswear, signed a 27,440-square-foot lease, represented by JLL in lease negotiations. The tenant will relocate its headquarters to the new space, which will also house its warehousing and distribution operations.
Jay Joshua Inc., an import business, signed on for 9,195 square feet, and negotiated with CBRE directly. It will use the space as both a company headquarters and product showroom.
“Both tenants sought a facility with Class-A features, easy access to New York City, and a central location that’s convenient for their employees,” Waxman said.
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