Newmark Partners, Inc.

Newmark Partners, Inc. has announced the completion of a retail lease, a commercial/industrial lease, and an office lease, amounting to a total of more than 25,000 square feet, in the booming suburban New Jersey market. The three deals took place in Union, Passaic and Somerset Counties.

Bassett Furniture Gallery Corp. has signed a long-term lease and is opening its furniture showroom at 126 Route 22 West in Springfield, N.J., a building formerly occupied by Drexel Heritage Furniture Store. Newmark Partners was exclusive agent for the building's owners, James Masterson, Stanley Alpert and H. Harding Brown.

Donald S. Rotwein, senior managing director of Newmark Partners, cobrokered the--transaction; Jeffery Realty, Inc., represented the tenant.

Newmark Partners was on the other side of the table, representing the tenant, on a deal that saw Franco Family Food Co., a commercial bakery, take 9,000 square feet of retail space at 851 Van Houton Avenue in Clifton, N.J. Here, Stein and senior director George Pastore negotiated the lease with MA Realty, exclusive broker for the building's owner, EFD Enterprises, LLC.

Newmark Partners also represented Metatec, Inc., a software company, in its long-term lease at Post Office Plaza, 50 Division Street, in Somerville, N.J.

Jane Greenblatt, senior. managing director of Newmark Partners, brokered the deal with the building's owner, Somerville Partners, L.P.