Gold’s Gym operator inks 43,000 sq. ft. renewal in Teterboro, NAI Hanson says

May 11, 2023 | Deals, Industrial

100 Hollister Road in Teterboro — Courtesy: NAI James E. Hanson

By Joshua Burd

The operator of a Gold’s Gym has renewed its nearly 43,000-square-foot lease at a Teterboro flex property, according to brokers with NAI James E. Hanson.

Brokers say the tenant, Bergen Fitness Inc., is among several occupiers at 100 Hollister Road, benefiting from its proximity to routes 17 and 46 and Interstate 80. It will continue to occupy 42,985 square feet at the 177,092-square-foot building, known as Hollister Corporate Center, under a lease with Dawson Logistics Assets LLC, C/O Maple Tree US Management LLC.

NAI Hanson’s Darren Lizzack and Randy Horning represented the tenant alongside Matthew Meade of MWM Group, while Marc Petrella of KBC Advisors represented ownership.

“When a renewal is signed, it often represents the continuation of a successful relationship between the landlord and tenant,” Lizzack said. “In this case, our client has found success operating a fitness center and hoped to continue to operate at this location for years to come. We’re happy to help our client extend their stay at the property and wish them continued success.”

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Joshua Burd

Joshua Burd, an award-winning reporter and editor, has been covering New Jersey commercial real estate for 13 years. Many industry leaders view him as the go-to real estate reporter in the state, a role he is eager to continue as the editor of Real Estate NJ. He is a lifelong New Jersey resident who has spent a decade covering the great Garden State.

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