Bergman Real Estate Group Announces 77 LeaseTransactions in the First Half of 2022

Bergman Real Estate Group, a full-service real estate investment and management company based in Woodbridge, New Jersey, today announced a total of 77 lease transactions between January and June 2022.

“This impressive rate of transactions – is on pace to exceed 2021 and demonstrates
how we are committed to bringing the best available amenities and services to our
tenants,” said Michael Bergman, President and CEO, Bergman Real Estate Group.
“Through initiatives like Bergman Cares that bring amenities that prioritize employee
well-being, to significant capital investments that renovate our properties from top to
bottom, our tenants appreciate the work put into each property we own and manage
in New Jersey.”

According to John Osbourne, Executive Director of Leasing and Marketing at
Bergman Real Estate Group, much of the leasing activity in the first half of 2022 was
concentrated in Bergen County, where the firm owns and manages five properties.

“Bergen County is a thriving hub for businesses, and this hub continues to grow,
driven by its proximity to retail, services, major highways, and New York City,”
Osbourne said. “The county is also benefitting from an influx of new residents
planting roots in the area, contributing to a large talent pool businesses can hire
from.”

Two Bergman properties in Bergen County – the Sherbrooke Office Center II at 201
W. Passaic Street and 365 W. Passaic Street, both located in Rochelle Park – are
prime examples of the bustle of business activity in Bergen County. Five new
transactions at 201 W. Passaic Street include three renewals and two new multi-years.
leases, while three new tenants are moving into 365 W. Passaic Street, in addition to
two renewals on campus.

Both properties are minutes from some of the most active retail corridors in New
Jersey, including popular shopping spots like Westfield Garden State Plaza. Minutes
from routes 17 and 4, I-80, the Garden State Parkway, and crossings into New York
City, both 201 W. Passaic Street and 365 W. Passaic Street offer prime convenience
for commuters.

“For both new and renewing tenants, the accessibility of office spaces like 201 W.
Passaic Street and 365 W. Passaic Street is one of the first features that attracts.
tenants to us,” said Isabel Freire, Senior Director of Leasing and Marketing, Bergman.
Real Estate Group. “Then, they tour the buildings and see all the renovations we’ve
made and amenities we’ve introduced, and tenants know they’ve found the perfect
office space for their businesses.”

In addition to the leasing activity in Bergen County, Bergman Real Estate Group
welcomed several notable tenants, including law firm Wilson Elser Moskowitz
Edelman & Dicker, LLP. The firm signed a new 11-year lease for 17,356 square feet.
at 7 Giralda Farms, Madison, NJ Wilson Elser is joined by environmental engineering firm BEM Systems, which signed a new 8-year lease for 10,800 square feet.

“It’s our continuing commitment to our tenants and capital improvements programs
that attracts high quality tenants,” Osbourne said, noting that the building underwent.
major renovations since being acquired by Bergman in 2021. Bergman made a $3.6
million capital investment into the three-story, Class A office building, adding
amenities like a 3,000-square-foot upgraded fitness center with locker rooms, a
6,000-square-foot full service café with seating, and multiple meeting areas such as a
training center and coworking space.

For more information about any Bergman Real Estate Group property and for
availability, visit www.BergmanRealty.com or contact John Osbourne or Isabel Freire.
at 732-855-8600.

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