November 6, 2019
Promotion in Motion, Inc. (PIM), a manufacturer of fruit snacks, fruit rolls, confections and other snack food products, has signed a 110,945-square-foot headquarters office lease at 225 Brae Blvd. in Park Ridge, NJ. It’s reportedly the largest new office lease signed in Bergen County year to date.
CBRE’s Jeffrey Babikian, Brian Godau and Garrett Rioux spearhead the leasing campaign and repositioning at 225 Brae Blvd. and represented the ownership, Brae Holdings LLC, in leasing negotiations. Robert Nathin of Sheldon Gross Realty advised PIM.
The 224,413-square-foot property was developed in 1988 as the global headquarters of the Hertz Corporation. In repositioning 225 Brae from a single-tenant office building, “ownership has invested considerable capital toward a number of major improvements at the property to create a working environment unlike anything found in this submarket,” said Godau.
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