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Phone Express relocates.

Phone Express, Inc., which sells both telephones and telephone servicing within the tri-state region, recently relocated to larger office/warehouse space within Fairfield, New Jersey, it was reported by Thomas V. Bermingham, executive director of the Edward S. Gordon Company of New Jersey.

The company has leased 16,000 square feet at 14 Industrial Road, under a five-year lease valued at $340,000. The modern 32,000-square-foot, one-story masonry building, which provides ample off-street parking, is owned by MAR Realty Associates, Inc., Roy Depetro, president.

ESGINJ broker Randy Eigen represented the tenant in the leasing transaction and he pointed out that the Industrial Road property is near Interstate 80 and Route 46 which provide convenient access to both Pennsylvania and New York.

Phone Express increased its office/warehouse space by more than 50 percent as a result of the move, and it was attracted to its new headquarters, Eigen said, because of the location and because of the landlord's willingness to accommodate the tenant's requirements.
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Title Annotation:leases commercial space at 14 Industrial Road, Fairfield, New Jersey
Publication:Real Estate Weekly
Date:Jun 23, 1993
Words:165
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