Team Resources, Inc. announced a great first quarter. We leased over 645,000 square feet of space with a net aggregate value of over $25 million and sold over 216,000 square feet of space in addition to 60 acres of land sales totaling over $19 million.
Notable lease transactions among the 35 deals signed include a +/- 125,000 sq. ft. lease in Jersey City, NJ by Greg Sholom, President and David Cantor, CEO; a lease renewal of 134,000 sq. ft. in Whippany, NJ by Jeff Fulton & Richard Meyers; a lease of 43,000 + sq. ft. in Moonachie, NJ through Alex Rosenberg, David Cantor and Greg Sholom; and an expansion of 40,000 sq. ft. in Bristol, PA by Jeff Volpi and Jeff Manganaro. Notable sales include 105,000 + sq. ft. to 10 Furnace Street, LLC, in Netcong, NJ along with 60 acres of land in Ledgewood, NJ to 3B International, LLC with Team's Jeff Fulton and Ed Schein; and a 28,000 + sq. ft. property in Lyndhurst, NJ to Solomon Builders through David Cantor and Greg Sholom. "Stay tuned - 2nd
Quarter is already shaping up nicely," says Greg Sholom, President.