99 Wood Ave. South in Iselin — Courtesy: Cushman & Wakefield
By Joshua Burd
Greenbaum Rowe Smith & Davis LLP has signed a 40,000-square-foot lease renewal for its office in Woodbridge, in one of several newly announced deals by Cushman & Wakefield.
Brokers with Cushman represented the landlord, Opal Holdings, in the transaction at 99 Wood Ave. South in the township’s Iselin section. It comes as part of a flurry of activity within the Metropark submarket, where Opal owns six buildings totaling more than 1.5 million square feet within a newly rebranded portfolio known as Centerline.
Cushman & Wakefield’s Todd Elfand, Kevin Carton, Paul Giannone and Brody Strickland completed the deals, which total 70,685 square feet. They also include:
- M&T Bank signed a renewal for 17,000 square feet at 99 Wood Ave. South
- BCT Group signed a 3,300-square-foot lease at 333 Thornall St.
- Atkins Réalis USA Inc. signed a 3,500-square-foot lease at 343 Thornall Street.
- Dermodity signed a 2,800-square-foot lease at 99 Wood Ave. South
- Tanisha, a custom application and end-to-end IT service, signed an expansion and extension for 2,300 square feet at 99 Wood Ave. South
- Aspire, a youth services group, signed a 1,785-square-foot lease at 99 Wood Ave. South
- P360, a pharma software company, signed a lease at 343 Thornall St.
“Centerline at Metropark’s recent lease transactions underscore the undeniable advantage of our prime location that boasts incredible accessibility and connectivity,” Elfand said. “Tenants are drawn to the wealth of amenities and the vibrant community Centerline at Metropark provides. Opal Holdings’ unwavering commitment to continuous building improvements solidifies our position as an ideal partner for our tenants.”
In a news release, C&W noted that Centerline at Metropark’s property management team received The Outstanding Building of the Year award in October 2023 from BOMA New Jersey. Each building is located near a plethora of malls, hotels and a variety of restaurants, while users are minutes from the Garden State Parkway, the New Jersey Turnpike, Route 440, Route 1&9 and Interstate 287 and within walking distance of the Metropark train station.
