CBRE arranges 2 new leases in South Plainfield

By Emily Bader
South Plainfield | Apr 25, 2018 at 7:05 am

CBRE has arranged two new leases at the Southfield Center in South Plainfield, it announced Tuesday.

Brenntag Specialties Inc., a chemical distribution company, inked 16,766 square feet at the center for its North American headquarters.

Prolong Pharmaceuticals, a clinical stage biopharmaceutical company, extended and expanded to 22,000 square feet at the Class A office property.

Peter N. Shikar, CBRE’s vice president based at the firm’s East Brunswick office, served as the exclusive leasing agent and represented the building’s owner, Tanzanite Realty LLC, in the deals.

The 157,530-square-foot property, located at 1 Cragwood Road, sits on nearly 14 acres. It’s a three-story, Class A office property and has onsite management, food service, daycare, a courtyard, a sky-lit lobby and more. It is located within close proximity to Route 287.

“1 Cragwood Road provides Brenntag Specialties and Prolong Pharmaceuticals with good, quality, Class A office space,” Shikar said.

“The property can easily accommodate a range of office space users, from 2,000 square feet to 30,000 square feet. With immediate access to Route 287, the property is accessible to the New Jersey Parkway, New Jersey Turnpike, Stelton and New Durham Roads, and is conveniently located near numerous restaurants, hotels and shopping destinations.”

Emily Bader | ebader@roi-nj.com | emilybader