Denholtz Properties announces it has negotiated 15,368 square feet in new leases, lease renewals and expansions at the Northampton Business Park at 1545-1575 Route 37 West in Toms River, N.J.
New leases include Jack Guarnieri Service Co., Inc. for 2,000 square feet., Culture Posters, Inc. for 1,000 square feet, and Door Quest, Inc. for 1,010 square feet. Lease renewals include Design Alternatives for 3,200 square feet, Garden State Garage Doors for 2,250 square feet, Accurate HVAC, LLC for 2,020 square feet, Unimetrix Corporation for 1,600 square feet, The Thrifters for 1,288 square feet and Automated Concepts for 1,000 square feet.
A 95,000-square-foot office and warehouse development situated in a campus-like setting; Northampton Business Park is strategically located in Ocean County’s fastest growing business corridor. Directly off Route 37 West, The Northampton Business Park features a highly accessible location, boasting easy access to the Garden State Parkway and Routes 9 and 70. Additionally, the business park is nearby a wide variety of public transportation options as well as a number of banking, retail and restaurants options.
The property boasts tremendous flexibility, accommodating a wide variety of businesses from 1,000 square feet to 3,000 square feet and is currently home to a mix of light industrial, service and professional organizations.
“There continues to be strong demand for industrial space across the board, even for small to mid-sized businesses,” said Christina Jordan, Director of Leasing at Denholtz Properties. “That high level of demand paired with a lack of supply throughout much of the New Jersey and Florida markets helps us maintain high occupancy at light industrial assets such as Northampton Business Park, which forms the backbone of our multi-tenant investment strategy across our entire portfolio.”
Larry Schmieder of Lakis Commercial Realty represented Denholtz Properties in the transactions.