DURO SIGNS 70,000 SF INDUSTRIAL LEASE IN ELIZABETH, N.J.

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ELIZABETH, N.J. — Duro Standard Products Co. Inc. has signed a 70,000-square-foot lease for industrial space at 1000 Jefferson Ave. in Elizabeth, located about seven miles south of Newark. The tenant, which is a division of Duro, one of the largest paper bag manufacturers in the world, is relocating from another property in Elizabeth. Barry Cohorsky and Russell Verducci of NAI James E Hanson represented Duro Standard Products Co. in the transaction. Owned by Templer Associates, the two-story, Class C manufacturing building is located in the Union industrial cluster. Built in 1948, the building has a total of 190,000 rentable square feet on 9.7 acres.

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