FirstService Williams arranges 170,000 s/f ind./whse. lease
FirstService Williams Connecticut has arranged the renewal and expansion of an industrial warehouse lease on behalf of NEJ Inc. at 158 Pinesbridge Rd.
The lease consists of 170,000 s/f. Ernest DeLucia of FirstService Williams represented the landlord. 158 Pinesbridge Rd. is owned by SMSP CT LLC of Jackson, Michigan. NEJ Inc. is an off-price apparel solutions firm that works with global retailers, specialty stores, and famous brand companies.
"This transaction enabled NEJ to relocate several of its operations into one facility," said DeLucia. "The cost savings alone were very attractive, but the location of the new space was also very convenient for NEJ since its existing 108,000 s/f facility is next door."
FirstService Williams' Stamford office was founded in 2002. Since then its professionals have spearheaded many of the region's largest leasing and sales transactions. The office represents more than 2.6 million s/f of commercial property on an exclusive basis.
Lakeville, CT Houlihan Lawrence Commercial, a division of Houlihan Lawrence, a real estate firm serving Connecticut and New York City’s northern suburbs, has brokered the sale for $3.5 million of the Wake Robin Inn, a 15,800 s/f historic inn located on 11.52 acres at 106 Sharon Rd.