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Deals & Dealmakers

CBRE Arranges Three New Office Leases at Carriage Four Office Center in Teaneck, New Jersey

CBRE today announced three new office leases at Carriage Four Office Center, a five-story office/medical building located at 1086 Teaneck Road in Teaneck, New Jersey. The 64,000 sq. ft. boutique office property has experienced strong demand from tenants seeking well-located, secure, high-quality space adjacent to Route 4, offering abundant covered parking and easy access to public transportation.

CBRE First Vice President Randy Eigen represented ownership, Carriage IV Office Center, LLC. The asking rent was $26 per sq. ft. There’s 5,962 sq. ft. of contiguous space on the top floor immediately available, with signage opportunities for a single user.

The three new office leases signed at 1086 Teaneck Road included:

Camp Ramah in the Berkshires’ 3,391 sq. ft. commitment to house its summer camp operations on part of the fifth floor. The company is relocating from 25 Rockwood Place in Englewood, NJ in a deal arranged by Robert Tessa of Hometown Property Group; Justbabyteeth Pediatric Dentistry’s 2,316 sq. ft. lease on the third floor to house the practice. Nick Yanakas of Carr Healthcare Real Estate represented the tenant, which will transform the office space to a state-of-the-art dental office; and Revive by Carolina’s 1,832 sq. ft. lease on part of the fourth floor. The personal aesthetics services provider will relocate its operations from 1323 Anderson Avenue in Fort Lee.

“These three new office leases speak to the allure of the property, the fact that the building can accommodate business and medical offices, and the ownership’s commitment to tenant services,” said Mr. Eigen. “We currently have one ~6,000 sq. ft. and one 5,000 sq. ft. office space available on the fifth floor that are highly attractive for a single tenant but divisible, with another 2,100 sq. ft. on the second floor becoming available over the next eight months.”

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