Lee & Klatskin Associates & AMB Property Corporation 2006 Was a Good Year!
Teterboro, NJ, February 5, 2007 – Lee & Klatskin Associates announced today that in 2006 the firm represented AMB Property Corporation on many industrial lease transactions in Northern and Central New Jersey.
“Our relationship with Lee & Klatskin is one of our most important broker relationships in New Jersey”, said Paul Rosen, Vice President and Regional Manager of AMB. “The feeling is mutual!” responded Anthony Scaro, COO of Lee & Klatskin.
Transaction highlights included:
- 466,320 square foot lease in South Brunswick, NJ with Home Depot
- 235,000 square foot lease in Teterboro, NJ with Party Rental Ltd
- 133,000 square foot lease in Carlstadt, NJ with Water Jel, Inc.
- 105,125 square foot lease in Secaucus, NJ with Yankee Clipper
- 89,662 square foot lease in South Brunswick, NJ with Apptec Packaging
- 79,920 square foot lease in Fairfield, NJ with Caravan Products Co.
- 71,000 square foot lease in Fairfield, NJ with Ceramic Magnetics
- 62,500 square foot lease in Carlstadt, NJ with Home Delivery America
- 62,200 square foot lease in Carlstadt, NJ with Yusen Air & Sea Services
- 61,200 square foot lease in Carlstadt, NJ with Heritage Brands
“We are proud to report that over 10 Lee & Klatskin brokers handled transactions for AMB during this calendar year”, said Robert C. Kossar, SIOR, Principal. “I personally handled more transactions for AMB this year than any other client.”
About Lee & Klatskin Associates
Headquartered in Teterboro, New Jersey, with a regional office in Edison, Lee & Klatskin Associates is the leading industrial real estate service firm in New Jersey. Core services offered by the firm include commercial/industrial property leasing, sales, consulting, property management and construction services. For over four decades, Lee & Klatskin’s dedicated staff has enabled the firm to become am industry leader—serving the real estate needs of owners, investors and users throughout the marketplace. As a member of the Lee & Associates Group of Companies, Lee & Klatskin continues to offer clients the same level of service they have come to expect in New Jersey, nationwide with 31 offices in the United States.
About AMB Property Corporation
AMB Property Corporation® is a leading global developer and owner of industrial real estate, focused on major hub and gateway distribution markets throughout North America, Europe and Asia. As of March 31, 2007, AMB owned, or had investments in, on a consolidated basis or through unconsolidated joint ventures, properties and development projects expected to total approximately 128.2 million square feet (11.9 million square meters) in 40 markets within 13 countries. AMB invests in properties located predominantly in the infill submarkets of its targeted markets. The company's portfolio is comprised of High Throughput Distribution® facilities which are built for speed and located near airports, seaports and ground transportation systems.
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