WOODCLIFF LAKE, NJ — JLL has completed a new transaction for Hudson Equities at 300 Tice Blvd. in Woodcliff Lake with Volkswagen Group of America, Inc. The automobile manufacturer signed a lease renewal for 12,000 s/f at the class A, 230,000 s/f office building.
The building owner was represented by Frank Recine, executive managing director; Blake Goodman, executive vice president; and Derek DeMartino, senior vice president, all with JLL. They worked closely with Ephraim Hasenfeld, president, of Hudson Equities. Volkswagen was represented by Thomas Reilly of JLL.
“In the short time of owning this premier asset, Hudson Equities has begun extensive plans to make major capital improvements to the office building,” said Recine. “The owner intends to ensure 300 Tice Blvd.’s position as the premier class A office building in the Northern Bergen County submarket.”
Volkswagen inked a five-year lease renewal and will continue to occupy the 2nd floor at 300 Tice Blvd., which is located at the intersection of Tice Blvd. and Chestnut Ridge Rd. in Woodcliff Lake.