Samsung has extended another lease at a Ridgefield Park office campus, this time for a 48,000-square-foot space occupied by its software and IT services unit.
The KABR Group has sold a 233,000-square-foot office building in Ridgefield Park, the longtime home of Samsung’s U.S. headquarters, in a deal brokered by JLL.
The KABR Group is hailing its recently completed lease extension in Ridgefield Park with Samsung’s U.S. subsidiary, in a deal that comes 10 years after the electronics giant helped seal one of the first high-profile, post-recession turnarounds of a New Jersey office building.
A flurry of blockbuster leases propelled New Jersey’s office market in the third quarter, fueling positive momentum despite a handful of high-profile space dispositions.
