C&W arranges headquarters sublet.Kline & Company Inc. has 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. 13,000 s/f of its headquarters space at 150 Clove Road in Little Falls Little Falls is the name of some places in the United States of America:
Kline & Company continues to occupy the balance of its 31,000 s/f, full-floor commitment at the Class A office property. Foster and Peter Hamburger--both of Cushman & Wakefield's East Rutherford, N.J., office--negotiated the multi-year sublease sublease n. the lease of all or a portion of premises by a tenant who has leased the premises from the owner. A sublease may be prohibited by the original lease, or require written permission from the owner. on behalf of Kline & Company. Tom Palestina of Palestina Properties represented SYSTRA in the transaction. Established in 1959, Kline & Company is an international management consulting and market research firm. "Kline & Company, a long-term tenant at 150 Clove Road, has expanded internationally in recent years, prompting the company to decentralize de·cen·tral·ize v. de·cen·tral·ized, de·cen·tral·iz·ing, de·cen·tral·iz·es v.tr. 1. To distribute the administrative functions or powers of (a central authority) among several local authorities. some of its consulting operations," Foster noted. "Subletting The leasing of part or all of the property held by a tenant, as opposed to a landlord, during a portion of his or her unexpired balance of the term of occupancy. A landlord may prohibit a tenant from subletting the leased premises without the land-lord's permission by the resulting excess space was a smart move to improve efficiencies." SYSTRA relocated its headquarters to 150 Clove Road from Bloomfield, N.J., in an expansion move. |
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