Norwood/Northvale, NJ — A leading manufacturer of orthotic footwear has been expanding its footprint in North Jersey with 135,874 s/f in combined leasing activity arranged by Resource Realty of Northern New Jersey (Resource Realty). The company is also taking possession of an additional 52,000 s/f of warehouse space in the area this month.
In a series of tenant-representation assignments, Resource Realty’s vice president Dan Whitehead completed three separate long-term lease agreements of 71,870 s/f at 335 Chestnut St. and 52,108 s/f at 10 Maple St., both in Norwood, with an additional 11,896 s/f at 240 Pegasus Ave. in Northvale. The latter is owned by Maxum Realty Trust and serves as the headquarters for OrthoFeet, Inc., the tenant. Ownership of the two Norwood properties is Alfred Sanzari Enterprises.
“These lease agreements speak to OrthoFeet’s commitment to remaining in place in the Norwood-Northvale area and expanding their presence within this upper-most northeastern quadrant of Bergen County,” said Whitehead, who has been with Resource Realty since 2009 and specializes in tenant and landlord representation assignments throughout New Jersey. “Since a majority of the company’s employee base resides throughout Bergen County and Southern Rockland County, it was a priority for OrthoFeet to retain its presence and grow in the market where the company first got its start.”
Founded in 2000 by two brothers, OrthoFeet provides a patented product line of contouring orthotic-molded footwear that merges enhanced fit and comfort with attractive styling. Based on foot biomechanics and modern designs, the company’s shoe construction and orthotic insoles help improve mobility and relief from heel, foot, knee, and lower back pain.