Klatskin
Contact:
Stephanie W. Singer
stephanie@beckermanpr.com
Beckerman Public Relations
(908) 781-6420
LEE & KLATSKIN CLOSES LEASE
FOR 79,065 SF AT 75 AMOR AVENUE IN CARLSTADT,
NEW JERSEY
CARLSTADT,
NJ, SEPTEMBER 6, 2005 – Lee & Klatskin
Associates announced it has signed a lease for
79,065 square feet of space on behalf of landlord
AMB Property Corp. at 75 Amor Avenue in Carlstadt,
New Jersey. Atlantic Plywood Corporation,
a plywood wholesaler, plans to utilize its new
space as a warehouse and distribution center.
The Lee & Klatskin team included Vice President
Chris Hile, and Principals and Executive Vice
Presidents David Knee and Robert Kossar, who represented
the landlord, AMB, in this transaction.
Representing Atlantic Plywood Corporation was
Jim MacDonald of J.A. MacDonald, Inc.
“We are delighted to have closed this significant
transaction on behalf of our long-time client,
AMB,” said Kossar. “Atlantic Plywood
Corporation’s requirement included the need
for reactivating the rail line along the back
of the property for its operations. Our
team was able to react quickly to the needs of
Atlantic Plywood, which put AMB in a great position
to make this deal.”
Located off Gotham Parkway, 75 Amor Avenue is
a 101,000-square-foot building. Amenities
include 22-foot ceilings, and a single rail line
siding on the opposite side. Several upgrades
have been made to the building since 2000 including
window replacement, a new entry and awning, repainting
and landscaping. The one-story structure
is central to the New Jersey Turnpike, Routes
3 and 17.
Atlantic Plywood is a wholesale distributor of
hardwoods and other mill products. The company
supplies hardwood, softwood and imported plywood
products such as medium density fiberboard; cabinet
hardware; high-pressure laminates; hardboard;
and other items to customers in the New England
and Mid-Atlantic regions. Atlantic Plywood
has core branches in Connecticut, Maine, Massachusetts,
New Jersey, New York, Rhode Island and Virginia.
AMB Property Corporation is a leading owner and
operator of industrial real estate, focused on
major hub and gateway distribution markets throughout
North America, Europe and Asia. As of June 30,
2005, the company's most recent reporting period,
AMB owned, managed and had renovation and development
projects totaling 113.6 million square feet (10.5
million square meters) and 1,097 buildings in
40 markets within eight 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(R)
facilities -- industrial properties built for
speed and located near airports, seaports and
ground transportation systems.
About Lee & Associates
Headquartered in Teterboro, New Jersey, with a
second office in Edison, Lee & Klatskin Associates
is one of the leading commercial real estate service
providers in the region. The firm's core
services include commercial/industrial property
leasing, sales, consulting, property management
and construction services. For more than
four decades, its staff of dedicated employees
has propelled the firm to become one of the industry's
leaders--serving the real estate needs of owners,
investors and users throughout the marketplace.
Now a part of Lee & Associates, one
of the largest real estate companies in the nation,
the firm’s clients can expect the same level
of service they have come to expect in New Jersey
in 26 offices nationwide and growing.
Additional information is available at:
www.lee-associates.com
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