WARREN, N.J., Nov. 16, 2009 (GLOBE NEWSWIRE) -- The Garibaldi Group/CORFAC International is pleased to announce it has facilitated several new leases and a long term renewal at 34 Mountain Boulevard, Warren, New Jersey, a two story colonial multi-tenant office complex. The Warren Office Center is owned by joint venture between Meritage Properties LLC and Accordia Realty Ventures, LLC.
Companies that renewed their lease include Phoenix Marketing Solutions, LLC, a full service medical education company that specializes in developing and executing promotional medical education tactics. The company has occupied the space since 2003 and renewed their lease of 13,075 square foot space for seven years. Phoenix was represented by Brendan McBride and Craig Eisenhart of CB Richard Ellis.
Additionally, a five-year lease was signed by Generations Home Healthcare. This premier, private health care agency employs both registered nurses and top certified home health aides to deliver professional and compassionate care to every client it serves. The tenant was represented in negotiations of their 1,545 square feet of space by Lenny Krupat of The Krupat Group, Ltd.
JAG Physical Therapy, another new tenant, signed a five-year lease of approximately 3,705 square feet of space. JAG is a comprehensive orthopedic and sports physical therapy center offering state-of-the-art Cybex rehabilitation equipment and expert care to help their clients on the road to recovery. The transaction was completed directly with the tenant without the assistance of an outside broker.
Warren Office Center's location is within walking distance of downtown Warren, which offers a variety of premier shops and restaurants. A variety of factors led to the successful execution of these transactions including the building's state-of-the-art design, visibility on Mountain Boulevard, convenient in-town location and accessibility to Routes 78 and 22.
Due to the immediate need by many local businesses, ownership has recently constructed pre-built office suites that are available from 1,000 to 2,000 square feet and include built out private offices, conference rooms, open floor plans for cubicles and 1st Floor and Lobby Presence. They are available for immediate occupancy.
About The Garibaldi Group
The Garibaldi Group is a full-service, global real estate firm now in its ninth decade of operation. With offices in Chatham, New Jersey, as well as in Lehigh Valley, Pennsylvania, the firm's extensive services include real estate consulting and brokerage services, financial services, lease administration, project management /development and property/construction management.
The Garibaldi Group is a member of CORFAC International, an organization of leading, privately-held, entrepreneurial commercial real estate firms serving 100 major markets in North America, and internationally through its King Sturge CORFAC International alliance.
For more information, please contact The Garibaldi Group/CORFAC International at 973-635-0303 or visit www.garibaldi.com.
About CORFAC International
CORFAC International is one of the largest commercial real estate services organizations in the world and celebrates its 20th year in 2009. U.S.-based CORFAC is comprised of privately held entrepreneurial firms serving more than 150 markets in The Americas and internationally through alliances with UK-based King Sturge, BDI in Mexico, Rios Commercial Corp. in Puerto Rico and Panama-based Latin American Corporate Property Services. In recent years, CORFAC firms completed over 9,000 commercial real estate transactions annually, encompassing more than 300 million square feet and valued each year in excess of $30 billion. For more information on CORFAC contact 954-923-6160, info@corfac.com or visit: www.corfac.com.
About Meritage Properties LLC
Meritage Properties was founded in 2003 as a forward-thinking owner/operator of commercial properties that offers "Class A" building services and amenities with a particular emphasis on client satisfaction. Over the past five years the firm has acquired twenty-four properties along the Boston-Washington, D.C. corridor.
About Accordia Realty Ventures, LLC
Headquartered in Fairfield, NJ, Accordia Realty Ventures, LLC targets investment opportunities in undervalued, high grade, income producing commercial properties. The principals have built a reputation for successfully completing a wide spectrum of creative transactions throughout the Northeast and have extensive background in the creation and development of "smart growth," mixed-use, urban and re-development projects. For more information, please visit www.accordiarealty.com.