Leasing Activity

RED BANK, N.J. — Dickstein Real Estate Services, a New Jersey-based brokerage firm, has negotiated a 5,175-square-foot office lease in Red Bank, a coastal city about 50 miles south of New York City. The property is located within a two-building complex at 322 Highway 35 South, which was 90 percent occupied at the time of leasing. Larry Dickstein of Dickstein represented the tenant, New Jersey-based Xela Communications, in the lease negotiations. Kristin Hurlbut of Denholtz Properties represented the landlord on an internal basis.

CLIFTON, N.J. — NAI James Hanson has negotiated a lease extension for a 5,500-square-foot medical office space in Clifton, a western suburb of New York City, for Kessler Institute for Rehabilitation Inc. The office is located within 1135 Broad Street, a three-story, 68,000-square-foot medical office building. Randy Horning and Darren Lizzack of NAI James Hanson represented the landlord, First Equity Development Co., in the lease negotiations. John Morrissey of Jackson Cross Partners represented Kessler.

SOMERSET, N.J. — Cushman & Wakefield has negotiated two office leases totaling 4,920 square feet in Somerset, a city located about 40 miles east of New York City. The offices are situated within 200 Cottontail Lane, a 208,000-square-foot Class A office property. August eTech signed a 3,230-square-foot headquarters office lease, and Tekcon Construction signed a 1,800-square-foot regional office lease. Paul Giannone, Todd Elfand, Kevin Carton and Joe Vacca of Cushman & Wakefield represented the landlord, The Winter Organization, in both lease negotiations. Carolyn Sica of CBRE represented eTech.