Wayne Solar Center at 1655 Valley Road in Wayne — Courtesy: NAI James E. Hanson
By Joshua Burd
A yarn distributor has agreed to lease nearly 3,000 square feet at a Wayne office building, seeking to upgrade its space as part of a move from nearby Paterson.
The business, United Yarn Products Co., is taking 2,878 square feet at 1655 Valley Road under a transaction with Signature Acquisitions, according to NAI James E. Hanson. Its new home is part of what’s known as the Wayne Solar Center, a 156,941-square-foot complex within the Valley Road Corporate Park.
“United Yarn, founded in 1930 is a global yarn distributor that sources and sells various yarns products throughout the world to the home furnishings, apparel and industrial markets,” said NAI Hanson’s W. Joshua Levering, who represented the tenant. “Previously located in Paterson, United Yarn was searching for a modern, amenitized space that would support its operations and serve as a convenient location for its employees.
“I have had the opportunity to work with United Yarn over many years and with this move we wanted to help them make efficient use of this new space.”
Levering noted that the Wayne Solar Center features panoramic views, a granite lobby atrium and amenities such as a cafeteria with indoor and outdoor dining areas, underground parking and on-site property management and ownership. The building is also partially powered by a solar panel carport that generates 1 million watts of power and doubles as sheltered parking for nearly 700 spaces.
“With a collaborative effort of owner, designer and in-house personnel we found an ultra-modern office environment while simultaneously reducing excess overhead costs,” Levering added. The landlord, Signature Associates was very attentive to the unique needs of United Yarn and we were pleased to help secure a situation that is ideally suited to serve as their new home for many years to come. The tenant’s plan was simply to create a modern headquarters for their office and administrative operations. Wayne Solar Center was the perfect fit.”