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New York & Tri-State  + New Jersey  + Office  |  October 3, 2022
Paul Bubny
By: Paul Bubny

Avison Young Arranges 107K SF of NJ Leases for Shelbourne Global

Avison Young has arranged more than 106,880 square feet in new and renewed office, industrial/flex, and life sciences leases across private real estate holding company Shelbourne Global’s 631,784-square-foot commercial portfolio in Piscataway and Bloomfield, NJ.  
 
Aromatic Technologies, Inc., a cosmetic product manufacturing company, signed a 25,636-square-foot lease and Alpha Assembly Solutions, Inc. Leased 61,244 square feet at Shelbourne’s 140 Centennial Ave.in Piscataway. Audio Codes, an advanced voice networking and media processing vendor, leased 16,000 square feet at 20 Kingsbridge Rd., also in Piscataway.  

Acosta, a sales and marketing agency, inked a 20,000-square-foot lease at 1515 Broad St. in Bloomfield. Avison Young’s New Jersey-based principal William McCaffrey represented Shelbourne in all four transactions as the exclusive leasing agent. 
 
“Shelbourne’s Piscataway and Bloomfield properties continue to remain competitive in the currently hot market,” said McCaffrey. “We’re excited to continue seeing leading and mid-market pharmaceutical and biotech companies show interest in the area.

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Avison Young's McCaffrey

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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