Sheldon Gross Realty manages pair of Southern NJ transactions
FAIRFIELD, NJ — Nothing testifies to the quality of a commercial property more than renewed leases – and the 135,800 s/f, mixed-use structure at 111 Lehigh Dr. in Fairfield recently recorded one renewal and one expanded renewal. In transactions managed by Sheldon Gross Realty senior vice president Robert Nathin, Allied Beverage renewed its lease at the one-story structure for 80,934 s/f of space, while Allstate Flooring expanded its lease to 12,678 s/f. The 111 Lehigh Dr. structure offers both office space and substantial warehousing capabilities. “This building is in a stellar location – immediately adjacent to Route 46, one mile from Route 80, and two miles from Route 280,” said Nathin. “It’s a marvelous place from which to conduct business – as the renewal of these two leases demonstrates.” In addition to a 250-vehicle parking lot, the 111 Lehigh Drive location also features lofty ceilings that vary in height from 21 to 24 feet.