A new tenant is coming to a well-known office building in Park Ridge after leasing nearly 10,000 square feet at the property, brokers with Chilmark Real Estate Services announced.
The United Way of Northern New Jersey has revealed this year’s honorees at an annual fundraiser that draws support from hundreds of commercial real estate industry leaders.
The company behind Welch’s Fruit Snacks, Sun-Maid raisins and other brands has opened its new 111,000-square-foot headquarters in Park Ridge, bringing new life to the former longtime home of the Hertz Corp. after the rental car company’s high-profile departure in 2015.
Smaller-sized leases continued to dominate New Jersey’s office market as 2019 came to a close, putting a drag on overall deal volume as larger transactions remained elusive.
Office tenants continued their flight to new and improved spaces as 2019 came to a close, furthering the case for landlords to upgrade or redevelop New Jersey’s aging stock of buildings.
The company behind Welch’s Fruit Snacks is moving its headquarters to Park Ridge, where it has leased more than 110,000 square feet at the former longtime home of The Hertz Corp.
