Jones Lang LaSalle

Clayton Metals Leases 24,000 SF
By Eric Peterson
Last updated: December 23, 2005 10:02am

(To read more on the industrial market, click here.)
PARSIPPANY, NJ-Clayton Metals, a Chicago-based metal extrusion company, has signed a lease for 24,000 sf of industrial space at 100 Lackawanna Dr. here. The 74,000-sf building is situated within the Fox Hills Industrial Park.

Craig Levitan, sales associate for NAI James E. Hanson of Hackensack, NJ represented Clayton Metals. The owner, Fox Hill Associates, was represented by Howard Weinberg of Colliers Houston & Co., Teaneck, NJ. Terms of the signing were not disclosed.

“Clayton Metals picked the site because of its location, its ceiling height and loading availability,” Levitan says. In a separate assignment, NAI James E. Hanson has been picked to market a 19,000-sf block of office space on a sublease basis for Meganet Solutions LLC. Located at 145 Belmont Dr. in Franklin Twp., NJ, the space is within a 38,000-sf, one-story building in Somerset County. The company’s senior vice president, Robert P. Rubin, is leading the assignment.