National Realty & Development Corp. Adds New Tenant to Baker Waterfront Plaza in Hoboken, NJ
PURCHASE, NY, JANUARY 15, 2015- National Realty & Development Corp. (NRDC) recently announced that Lex Terrae Inc., a subsidiary of Old Republic Title Company, has signed a long-term lease at its 95,000 square foot Baker Waterfront Plaza property in Hoboken, NJ. Lex Terrae Inc. will consolidate its existing NYC and Hoboken office and will be occupying 13,519sf on the entire 5th floor of the building. The move will bring approximately 50 new employees to the Hoboken area. Brian F. Sekel, Executive Vice President, and Richard A. Kaufman, Exec Vice President & General Counsel represented NRDC for this lease. Frank Truesdel and Jill Arias of DTZ represented the tenant.
“Baker Waterfront Plaza remains one of our landmark properties, and continues to be a much sought-after location for businesses looking for prime space in the metropolitan area,” said Brian F. Sekel. “Lex Terrae Inc. will benefit not only from Baker Waterfront Plaza’s convenient location, but also from the wide-range of amenities that surround the property. We wish them the best of luck at their new location.”
Located at Two Hudson Place, the property overlooks the Hudson River and is situated directly across from the NJ Transit Hoboken Terminal. The Hoboken Terminal provides train, bus, light rail, ferry and PATH services that offer immediate access to New York City and the transportation network of Northern New Jersey. The Holland Tunnel is located only ½ mile south of the property, while access to Routes 1 & 9 and the NJ Turnpike are approximately one mile southwest.
In addition, the property is located two blocks east of Washington Street, a destination where both local residents and visitors can enjoy the abundance of specialty shops and restaurants. Approximately 50 restaurants are also located within two blocks of Baker Waterfront Plaza
For more information on leasing space at Baker Waterfront Plaza please contact Brian Sekel at 1-800-932-RENT (7368) or visit www.nrdc.com to learn more.
About National Realty & Development Corp.
Founded more than 50 years ago, NRDC has built a reputation as one of the leading full-service privately-held real estate ownership and development firms in the United States.
Headquartered in Purchase, New York, the NRDC portfolio comprises over 22 million square feet of real estate assets, consisting of large retail power centers, grocery-anchored community shopping centers, and corporate/ industrial business parks.
A complete listing of NRDC’s portfolio and further details on their latest projects can be found at www.nrdc.com.