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Accountants stretch out in NJ.


Weiser LLP LLP - Lower Layer Protocol , one of the top 10 accounting firms in the New York Metropolitan area New York–Northern New Jersey–Long Island is the most populous metropolitan area in the United States and the third most populous in the world, after Tokyo and Mexico City.  and top 20 nationally, extended and expanded its lease at 399 Thornall Street at Metropark Corporate Campus in Edison, N.J. to 25,000 square feet for 15 years.

The accounting firm was represented in the transaction by Norman Baker, managing principal at Newmark Knight Frank.

Weiser's original lease of 10,500 square feet at the building had seven years remaining, but the firm needed more space as a result of its merger with Lipman Selznick & Witkowski PA (LSW LSW Licensed Social Worker
LSW Lincoln Southwest (Nebraska high school)
LSW Light Support Weapon
LSW Least Significant Word
LSW Last Seen Wearing
LSW Long Suffering Wife
LSW Laboratory Safety Workshop
) in September 2005. The new lease takes up the entire third floor of the 14-story building.

"The lease transaction surpassed everyone's expectations," Baker said. "For Weiser, its current lease was extended while keeping current costs low, and LSW received great benefits to relocate and combine spaces. Additionally, the landlord was able to secure a long-term full floor lease with a very credit worthy tenant."

Currently, LSW occupies 13,500 square feet at 101 Fieldcrest Avenue in Edison, which will be marketed for sublet sub·let  
tr.v. sub·let, sub·let·ting, sub·lets
1. To rent (property one holds by lease) to another.

2. To subcontract (work).

n.
 by Paul Giannone, managing principal at Newmark Knight Frank.

Ronald Goldberger and Arthur Draznin of Newmark Knight Frank's New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 office previously negotiated Weiser's lease in Manhattan for 70,000 square feet at 135 West 50th Street in 2004.

Andy Parella internally represented the owner M. Alfieri Co. Inc. in the 399 Thornall lease.
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Title Annotation:Weiser LLP signs contract with M. Alfieri Company Inc.; New Jersey
Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1U2NJ
Date:Feb 22, 2006
Words:231
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