Studley reps. P.C. Richard & Son in 300,000 s/f lease
After being in 158,000 s/f in Whippany for 10 years, P.C. Richard & Son will be moving its New Jersey-region warehouse and distribution center and employee training facility to 300,000 s/f, having signed a new lease at 2-8 Germak Dr.
The appliance/electronics retailer has also acquired the adjacent 64,370 s/f building at One Minue St., where it will open a retail store.
Thomas Carragher and Gregg Najarian of Studley's northern New Jersey office represented the retailer in all of the transactions.
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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