4th Annual NJREC

Business News

May 22
Four New Leases For Bergman Realty Group By Betsy Kraat

FAIRFIELD--Bergman Real Estate Group recently closed four new long-term leases at 155 Passaic Avenue in Fairfield.

This four-story, 88,000-sf Class-A building is adjacent to the Essex County Airport less than two miles from the Interstate 80 and Route 46 interchanges.

The most significant transaction was with Science Applications International Corporation (SAIC), who leased 37,100 sf on two floors. SAIC is a Fortune 500 company that specializes in providing scientific, engineering and technology applications and solutions for the public and private sector industries of national security, energy, environment, critical infrastructure and health. SAIC employs 45,000 people in 150 cities worldwide.

Steven L. Fleming, senior vice president, of Jones Lang La Salle was the sole broker who represented SAIC on this lease transaction, while John G. Osborne, executive director of leasing and marketing for Bergman Real Estate Group represented the landlord.

Business Processes Redefined, LLC, a receivables management firm, has leased 2,220 sf of office space on the third floor of the building. Kelly Ziegenfuss, assistant director of leasing and marketing for Bergman Real Estate Group was responsible for negotiating this lease on behalf of the landlord and tenant.

Two additional leases were made with Petry Engineering, LLC, an engineering firm, for 1,900 sf on the first floor of the building, and Airshares Elite NY, LLC, for 1,350 sf on the third floor. Len Stagnito of Jack Silverman Realty represented Petry Engineering, while Mitchell Roman of American Properties Network represented Airshares Elite.

Bergman Realty Group
www.bergmanrealty.com

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