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Direct Travel Leases 16,500 Sq. Ft. at Paramus Corporate Center
Cushman & Wakefield Brokers Lease as Exclusive Agent for Route 17 Property
Prezant, based in the commercial real estate services firm's East Rutherford, New Jersey, office serves as exclusive leasing agent for the 115,000-square-
Direct Travel is a privately held corporation established in 2011 with $805 million in combined air sales, and expertise with accounts less than $10 million in annual air volume. Today, the firm employs more than 430 travel professionals nationwide and is ranked among the top U.S. corporate travel management firms.
"Direct Travel's aggressive growth strategy is capitalizing on a resurgence in the corporate travel industry," Prezant said. "In looking for a new home in Bergen County, the company had many choices. Its selection of Paramus Corporate Center ties directly to Gabrellian Associates understanding the tenant's needs and providing an attractive solution."
Gabrellian Associates currently is fitting out the company's new offices. Mark Gabrellian, president and managing director, noted that one of Direct Travel's top priorities was finding a building that will enable the company to increase the efficiency of its space. "Paramus Corporate Center provides that advantage, and also offers great onsite and neighborhood amenities, and easy access to the company's client base throughout New Jersey, Pennsylvania and New York," he said.
Paramus Corporate Center serves as home to a mix of financial and professional tenants who benefit from its easily accessible location, full-service cafeteria and onsite daycare center. The highly visible building also serves as the corporate headquarters for Gabrellian Associates, a family-run commercial real estate and development company with a strong presence in the Northern New Jersey market. Cushman & Wakefield currently is marketing just one remaining, 3,500-square-
Evelyn Weiss Francisco