Archive for June, 2010

(Secaucus, New Jersey) – Pink, Inc., a provider of tensioned fabric solutions to the exhibit, event and retail interiors industries, was recently acquired by Moss Inc. and is opening a new rental depot warehouse in the Meadowlands submarket of New Jersey.  This facility combines both product lines and regionalizes both event and rental products for Pink and Moss.  This new venture will allow Moss to have a presence in New York City, New York.

The multi-tenant warehouse was built in 2001 and is situated in the heart of the Meadowlands Industrial submarket.  More importantly, the warehouse has ingress to the NJ turnpike and is located strategically near the Lincoln Tunnel for quick access to the Jacob K. Javits Convention Center.  The building consists of a total of 39,000 square feet and features 26’ ceiling heights, exterior loading docks, abundant car parking and mezzanine office space.

This project required a careful market survey and detailed location analysis due to the specific requirement of the type of facility.  “We were able to meet Moss’ expectations while uncovering a hidden opportunity with favorable terms to Moss’ image and footprint,” commented Safir.  “The challenge was to find an optimal location with accessibility to major thoroughfares into New Jersey and New York City.”

The landlord was a private ownership group in New Jersey that was represented by Greg Sholom of Team Resources SBWE.  Pink, Inc. was represented by Marat Safir, President of Taurus Realty Partners, in the lease transaction.

For further information Mr. Safir may be contacted at 224.406.8877.

About Taurus Realty Partners: Taurus Realty Partners is a privately-owned commercial real estate services firm that delivers conflict-free tenant representation services to industrial end-users. Headquartered in Chicago, Taurus Realty Partners’ integrated suite of real estate services includes acquisitions and dispositions, lease negotiation, build-to-suits, strategic advisory services, construction management, and tax and municipal incentives consulting.   With national capabilities, Taurus Realty Partners’ objective, transparent approach aligns real estate with overall business goals to create space solutions that generate competitive advantage for its clients.  For more information, visit www.taurusrealtypartners.com.