Business Specialties Leasing
Insurance Firm Snags 13,200SF at Raritan Plaza for Relocation
May 7, 2008

AmWINS Group Inc. has signed on to occupy 13,200 square feet at Raritan Plaza III, the class A office structure within Raritan center in Edison. The insurance brokerage firm committed to a long-term lease with property owner Ivy Equities, paving the way for its relocation from its current home in Edison to the top floor of the 180,000-square-foot six-story structure. AmWINS relied on real estate services firm Zimmel Associates for representation in the transaction, while Cushman & Wakefield Inc. stood in for the owner. The new lease brings the occupancy level at the property up to 95 percent.


 
Recent Leasing Headlines
Tenet Healthcare Takes 165,000 SF in Downtown Dallas
Tenet Healthcare Corp., an owner of hospitals and other medical facilities nationwide, is planning to move its headquarters to Downtown Dallas. The company, which only moved to the Dallas area from Southern California in 2004, will lease about 165,000 square feet for 10 years at the 1.2 million-square-foot Fountain Place at 1445 Ross Ave.
Tech Firm Renews Lease of Orange County Home
TechSpace will be able to call the buildings at 65 and 75 Enterprise in Aliso Viejo, Calif., home for quite some time now that the company has signed a long-term lease with property owner RREEF.
Binswanger Negotiates Long-Term Lease in Costa Rica
On behalf of Conair Corp., Binswanger executed a long-term lease of a 221,000 square feet, two-building complex in Turrialba, Costa Rica, to Firestone Industrial Products de Costa Rica S.A., a subsidiary of BFS Diversified Products L.L.C.
ProLogis Leases 211,000 SF to Centrum Logistics in Romania
ProLogis has leased 211,000 square feet of industrial space in Bucharest, Romania, to Centrum Logistics, a European provider of third-party logistics services and a subsidiary of Groep H. Essers, a Belgium-based transport and logistics company.
Jacksonville small Hillwood Inks Beverage Giant to 600,000SF Lease in New Jacksonville Distrib Center
In a move to consolidate its distribution operations in the Jacksonville, Fla., area, where it operates a manufacturing plant, Dr. Pepper Snapple Group has leased West Point Trade Center, a 601,500-square-foot distribution facility, from Hillwood, which is scheduled to complete the speculative building by the end of the year.