Cresa New Jersey
Rutherford, NJ 07070
Map/Directions

Contacts

Dennis Gralla
Managing Principal
Email
201.960.1164 tel
James J. Scancarella
Managing Principal
Email
201.970.3659 tel

New Jersey

Our Goal

As corporate real estate representatives, we focus solely on the tenant's side of the commercial real estate transaction, eliminating the conflict of interest which results from a dual relationship. This practice allows us to best advocate for our clients, evaluating business goals and objectives and negotiating cost-effective solutions.
 

Our Office

Cresa New Jersey is based in Rutherford, New Jersey and focuses on the north and central regions of the Garden State. Our 21 primary submarkets are situated between New York City and Philadelphia, two of the largest metropolitan areas in the United States. We provide commercial real estate services to a wide variety of industries, including sectors such as technology, legal, pharmaceutical, biotech, insurance, chemical and telecommunications.

No matter what the current state of the market, Cresa New Jersey offers sound advice and uses comprehensive data to help you make informed decisions. The territory serviced by our firm is the sixth-largest office market in the country. 21 Fortune 500 companies are headquartered in New Jersey, and industries represented in the state include financial services, telecommunications, chemical, pharmaceutical, insurance, health care, and biotechnology.

  • Class A Office Space

    Q3 2016

    Supply
    159,257,104 SF
    Vacancy
    16.7%
    Absorption
    2,044,530 SF
    Avg. Lease Rate
    $25.52
  • Class B Office Space

    Q3 2016

    Supply
    122,720,795
    Vacancy
    12.8%
    Absorption
    292,615
    Avg. Lease Rate
    $19.22

Market Insights

People

Len Eagle Vice President, Project Management 201.514.0225
Dennis Gralla Managing Principal 201.960.1164
Jonathan Marks Principal 845.558.4575
James J. Scancarella Managing Principal 201.970.3659

News

Success Stories

Client Location Sq. Footage
Advantage Sales & Marketing Woodcliff Lake, NJ  37,000 
Atlas Copco Houston, TX  94,000 
A-V Services Fairfield, NJ   22,000 
Classic Party Rentals Secaucus, NJ  80,000 
Fortress ITX Secaucus, NJ  8,000 
Healthcare Research Analytics Parsippany, NJ  10,000 
ITelagen, Inc. Jersey City, NJ  10,000 
Kenneth Cole Secaucus, NJ  27,026 
Midea Group Parsippany, NJ  7,000 
Movado Group Inc. Paramus, NJ  90,050 
Orexo, Inc. Morristown, NJ  >9,500 
PPI-Time Zero Inc. Fairfield, NJ  45,000 
SEAL Consulting Edison, NJ  8,000 
SGS SA Wilmington, NC  ~25,000 SF 
SorinRand East Brunswick, NJ  15,000 
TSC Apparel Dayton, NJ  58,430 

Subleases & Sales

Property Available Space Rental Rate
Sublease: 2 Hilton Court
2 Hilton Court
Parsippany, NJ 07054
186,020 SF Negotiable
Sublease: Cedar Brook Corporate Center
6 Cedar Brook Drive
Cranbury, NJ 08512
9,003 SF (Pristine Biology Labs/Office) 40,059 SF (Chemistry Labs/Office) Negotiable
Sublease: 100 Campus Drive
100 Campus Drive
Florham Park, NJ
3,221 RSF, 2nd Floor Negotiable
Sublease: Morris Corporate Center II
1 Upper Pond Road
Pod D
Parsippany, NJ 07054
18,817 SF Negotiable
Sublease: 80 Cottontail Lane, Somerset NJ
80 Cottontail Lane
Somerset, NJ 08873
9,493 SF - 2nd Floor Very Competitive
Sublease: 721 Route 202/206 South
721 Route 202/206 South
Bridgewater, NJ 08807
2,805 SF Negotiable
Sublease: 300 Tice Boulevard
300 Tice Boulevard
Woodcliff Lake, NJ 07677
11,224 SF Negotiable
Sublease: Tower Center 1
1 Tower Center Boulevard
East Brunswick, NJ 08816
12,567 SF Negotiable
Sublease: Meadows Office Complex
201 Route 17 North
Rutherford, NJ 07070
6,458 SF (3rd Floor) Negotiable
Sublease: 399 Thornall Street
399 Thornall St.
Edison, NJ 08837
8,800 SF Negotiable
Sublease: Medical / Professional Sublease
306 Main Street
Millburn, NJ 07649
10,600 SF Negotiable
Sublease: 890 Mountain Ave
890 Mountain Ave
New Providence, NJ 07974
3,617 SF Negotiable
Sublease: Headquarters Plaza West
1 Speedwell Ave
Morristown, NJ 07960
16,500 SF (Full Floor) Negotiable

Sponsorships & Events

At Cresa New Jersey, we strive to affiliate ourselves and build relationships with organizations in our state who share our passion for helping businesses succeed. Here are a few of them:

                

          

Cresa New Jersey's Tee Box Sponsorship for the
2nd Annual Summit Medical Group Foundation Celebrity Golf Invitational

  Morris County Chamber of CommerceNew Jersey Technology CouncilNJTC CFO Awards 2013 Ernst & Young Lowenstein SandlerNJTC 2013 Awards GalaErnst & Young Entrepreneur of the Year

Charitable Affiliations


 


 



 

Why Choose Cresa?