April 17, 2020 Comments Off on JLL Tapped to Lease Up Former Toys ‘R’ Us Headquarters Views: 757 New Jersey, New York News, Tri-State Area New York

JLL Tapped to Lease Up Former Toys ‘R’ Us Headquarters

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JLL was selected by Dobco Inc. to lease up One Geoffrey Way, the former headquarters of Toys ‘R’ Us in in Wayne, NJ. The firm will work closely with Dobco to reposition the 630,000-square-foot complex as a multitenant, mixed-use development project that will include office, flex and retail space.

The leasing assignment will be overseen by JLL’s Frank D. Recine, Christopher DeLorenzo and Brendan McBride. JLL and Dobco have partnered with Brian S. Silbert and David Greenman of Silbert Realty & Management Co. on the marketing and leasing of the development’s retail space.

“The complex at One Geoffrey Way is a world-class facility with a great story,” said Recine. “When Dobco’s vision for the complex is fully realized, this complex will provide the community with a highly-amenitized and modern experience.”

The 193-acre site, which housed Toys ‘R’ Us’ offices for 16 years, sold last year for a reported $19 million.

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