2607 New York Ave. in Union City — Courtesy: Newmark Associates
By Joshua Burd
A marketing firm has leased 12,500 square feet at a creative professional building in Union City, brokers with Newmark Associates announced last week.
In a news release, the brokerage said it represented both parties in the lease at 2607 New York Ave. between the landlord, Dennis J. Mosner Photography Inc., and SwagUp LLC. The latter is a creator of promotional and marketing collateral.
Newmark Associates Vice President and Sales Associate Peter Caraballo and Charles Ritschel, a senior sales associate, completed the assignment for the Cedar Knolls-based firm. They highlighted the property’s interior layout and its location less than 2 miles from the Lincoln Tunnel, along with its proximity to NJ Transit bus service.
“This transaction is a perfect example of the combination of the strength of the New Jersey commercial real estate market and the effective marketing of the Newmark team — lease signing was only 35 days after the first site tour,” Caraballo said, “establishing an upward trend for lease comps.”