Denholtz Associates reports 1,643,084 s/f of leasing activity in 2012 portfolio
Denholtz Associates completed 433 lease transactions totaling 1,643,084 s/f throughout its portfolio in 2012. In New Jersey, the firm completed 249 deals for a total of 882,322 s/f.
"We are pleased with the scope of leasing activity in our portfolio during 2012 and are particularly encouraged by the number of long-term deals," said Stephen Cassidy, president of Denholtz Associates.
"Tenants are making forward-thinking business decisions for sizeable amounts of space and that's a trend we are seeing across the board."
Brooklyn, NY Marcus & Millichap brokered the sale of 733 Dekalb Ave., a fully free-market multifamily and retail property in the Bed-Stuy neighborhood. The asset sold for $2.8 million.
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