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Real Estate Weekly

C&W places national client

C&W places national client – Cushman and Wakefield of New Jersey leases commercial space in Fort Lee, New Jersey

Cushman & Wakefield of New Jersey recently represented Nestle’ USA, Inc. -in lease negotiations for their regional administration and sales headquarters.

Nestle’ USA, Inc. signed a 10-year lease for 15,000 square feet of office space on I floor of Nine W Office Center in Fort Lee, New Jersey. The long term lease has an aggregate rental value of $3.5 million, according to Lee Miller, the Cushman & Wakefield of New Jersey broker who represented Nestle’ USA. Charles Campagnet and William Dougherty of C&W’s California office also assisted in the coordination of the transaction.

Nestle’ USA will be consolidating several offices from within the tri-state region into the Bergen County office building. The firm noted the 200,000 square foot building’s quality construction and location as primary reasons in their decision to relocate.

COPYRIGHT 1992 Hagedorn Publication

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