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Team Resources Inc.

Team Resources, Inc., with offices located in Carlstadt, New Jersey, has negotiated two leases for an aggregate rental totalling over $9 million.

In the first transaction, Team Resources Greg Sholom arranged for a 140,000 square-foot-lease at 385 Nordhoff Place in Englewood to Odd Job Trading.

Additionally, Team Resources, reports that it is the exclusive broker for up to 10,000 square feet of excess office space in the facility which can be subleased at the rental of $7 full gross. The property is owned by General Motors who was represented in this transaction by the tandem of Bridgewood Properties and David Houston Company.

In the second transaction, Greg Sholom arranged for a 340,000-square-foot lease at the Curtiss Wright complex in Wood Ridge to Rose Art Industries. This is an expansion move for Rose Art who will be bringing much of its manufacturing and warehousing operations to the Wood Ridge site.

Team Resources, represented both the tenant and the landlord in this transaction.
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Title Annotation:negotiates lease of commercial space for two tenants
Publication:Real Estate Weekly
Date:Aug 5, 1992
Previous Article:National Computer Distributors.
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