Printer Friendly

Allendale Associates.

Allendale Associates, developers of Allendale Corporate Center, have announced that XENERGY, Inc., headquartered in Burlington, Massachusetts, has leased the remaining 30,327 squarefeet at 50 Commerce Drive, a 44,070 square-foot building at the high tech office complex in New Jersey.

The multi-year lease represents a landmark for Allendale Corporate Center, which has now achieved 100 percent occupancy at four of its five existing flexible, multi-tenant buildings. The fifth, and newest, building, 110 Commerce Drive, has only 15,000 square-feet remaining. When completed, the complex will be comprised of eight buildings totaling 550,000 squarefeet.

XENERGY, which assumed occupancy in May, is an international energy management and consulting firm with 22 regional and satellite locations throughout the United States and Canada. In 1991 alone, the company doubled in size, presenting the need tbr a larger facility in the mid-Atlantic region.
COPYRIGHT 1992 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:leases commercial space in Allendale, New Jersey
Publication:Real Estate Weekly
Date:Jul 29, 1992
Previous Article:A.L. Laboratories, Inc.
Next Article:HRE Properties.

Related Articles
Hi-tech, warehouse space in NJ holds its own.
Developer zeros in on ownership.
ESG/NJ places insurer.
Final building ok'd in Allendale.
C&W leases over 428,000 sq. ft.
Overall commercial leasing activity picks up.
Two Tower Center is a towering success.
Legg Mason Real Estate Services' (LMRES).
Jersey City's winning the competition for office tenants.
NKF embarks on expansion plan.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters