Terreno Realty Corp. has leased 85,000 square feet of industrial space in East Rutherford to a designer, developer and distributor of outdoor tools, the landlord said Monday.
The developer seeking to complete the American Dream Meadowlands project is moving ahead with plans to seek $1.15 billion in bonds for the project, now that an opposition group has agreed to drop its challenge.
A state appeals court has ruled in favor of the state’s efforts to complete the American Dream Meadowlands project, dismissing a challenge to a $1.15 billion bond issuance that would help a developer resume construction at the stalled retail and entertainment complex.
A state authority has amended two resolutions that will allow a developer to seek more than $1 billion in bonds to help it complete the sprawling American Dream Meadowlands project.
