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CBS Outdoor stays put with long-term lease.


The Sudler Companies, one of New Jersey's oldest real estate developers, recently announced that CBS Outdoor CBS Outdoor (formely Viacom Outdoor, Infinity Outdoor, and Outdoor Systems) is the outdoor advertising division of media conglomerate CBS Corporation. It operates around the globe, in the United States, Canada, the Netherlands, Mexico, France, Ireland, Finland,  has renewed a long-term leasing agreement at Sudler's Corporate Park property in Lakewood. CBS Outdoor has been a loyal tenant at the property since 1989. The company is the sole tenant at the 20,000 s/f building, which is located at 1245 Towbin Avenue in Lakewood.

"We take pride in our ability to build and maintain successful, long-term relationships with exceptional organizations such as CBS Outdoor," said Jeff Hale, vice president of leasing, The Sudler Companies. "We are pleased that our association with CBS Outdoor will soon enter its third decade at this convenient and strategic location."

Conveniently located on Route 70 and exit 88 of the Garden State Parkway The Garden State Parkway is a 172.4-mile (277-km) limited-access toll parkway that stretches the length of New Jersey from the New York state line at Montvale, New Jersey, to Cape May at the southern tip of the state. Its name refers to the state nickname, the "Garden State". , Sudler's Corporate Park property is an expansive 250-acre business park featuring a mix of 1,300,000 s/f of light industrial, distribution and office space. Corporate Park is ideally situated between 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
, Philadelphia and Atlantic City Atlantic City, city (1990 pop. 37,986), Atlantic co., SE N.J., an Atlantic resort and convention center; settled c.1790, inc. 1854. Situated on Absecon Island, a barrier island 10 mi (16.  markets. Build-to-suit sites are available.

CBS Outdoor is among the world's largest out-of-home media companies. CBS Outdoor sells and services more out-of-home advertising Out-of-home advertising (also referred to as OOH) is essentially all type of advertising that reaches the consumer while he or she is outside the home. This is in contrast to broadcast, print, or internet advertising, which may be delivered to viewers out-of-home (e.g.  than any other company in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . With more than 1,600 U.S. employees located in more than 50 offices nationwide, the company is the premier provider of out-of-home media in the United States. CBS Outdoor is a division of the CBS Corporation, the number one platform in the world for advertisers.
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Title Annotation:LEASES
Comment:CBS Outdoor stays put with long-term lease.(LEASES)
Publication:Real Estate Weekly
Date:Jul 2, 2008
Words:241
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