216 Route 17 North in Rochelle Park — Courtesy: JLL
By Steve Lubetkin
A video communications company is leasing 10,000 square feet of office space at a mixed-use building in Rochelle Park, brokers with JLL announced.
The tenant, Vidyo Inc., is taking the space at 216 Route 17 North, an 82,222-square-foot building owned by Park Avenue BMW. Frank D. Recine, JLL executive managing director; Mark Siegler, executive vice president; and Michael Pietrowicz, associate, represented the building owner, while Vidyo was represented by Dennis Gralla and James Scancarella, managing principals with Cresa.
“Since acquiring the building for its new Park Avenue BMW headquarters, ownership has invested significant capital toward upgrading the asset, including new mechanicals, new common areas, lobbies and restrooms,” Recine said.
Vidyo will occupy a portion of the third floor of the property after relocating from Continental Plaza at 401 Hackensack Ave. in Hackensack.
“The building includes covered, structured parking, which is a great amenity to building tenants,” Siegler said.