The tenant, an apparel and footwear company, has been a Hartz tenant for 25 years and prior to the latest transaction had leases in two nearby Hartz buildings.
"Geoffrey Allen is growing, wanted to have all of its operations under one roof and wanted to stay in Secaucus - the new location is less than one mile from their existing locations," said Stypa. "The new space is anticipated to be ready for the first of the year.
"The company also wanted to remain with Hartz, and the latter was extremely cooperative in making this complex transaction happen," said Stypa.
The building at 115 Enterprise Avenue South totals 184,000 square feet on 7.3 acres. Geoffrey Allen's new headquarters, combining offices and distribution, is equipped with an ESFR sprinkler system, which enables the company to rack their inventory higher.
The signing also brings the 78,000-square-