3 Mountainview Road in Warren — Courtesy: Lee & Associates
By Joshua Burd
Kushner Real Estate Group has leased more than 35,000 square feet of office space in Warren to an industrial gases supplier, brokers with Lee & Associates announced Friday.
The tenant, Matheson Tri-Gas, will occupy the top floor at 3 Mountainview Road, according to a news release. It will become part of a new multitenant roster at the 105,000-square-foot former Chubb Corp. building, which sits alongside Interstate 78 and is now slated for a series of renovations.
Lee & Associates’ Brian Lynch and Peter Rasmusson represented the tenant, a major domestic and international supplier of industrial gases. Newmark Knight Frank’s Jamie Drummond, Andrew Perrotti and Dan Reider represented KRE Group in the 35,313-square-foot lease.
“Our recent acquisition of the HyCo business assets unit from Linde required us to find a larger space,” said Stephen Stroud, executive vice president and general counsel at Matheson Tri-Gas. “While we were offered many attractive proposals, 3 Mountainview Road addressed all of our needs at the best price.”
KRE Group’s renovations are part of a plan to transition the building to a multitenant property, the news release said. The three-story complex features high ceilings, underground covered parking and visibility for building signage along the highway.
“We are thrilled to commence our re-tenanting efforts of 3 Mountainview with Matheson Tri-Gas’ lease of the entire top floor,” said Justin J. Gingeleskie, director of leasing for KRE Group. He noted that the improvements to the common areas and grounds are expected to be complete by year-end and include a complete renovation of the building’s lobby, cafeteria, and the addition of a 75-person common conference facility and a new fitness center.
The landlord is also expanding on-site parking.