MAY 14, 2010

Denholtz Associates, a New Jersey-based real estate investment and development company, is pleased to announce the completion of two lease agreements at its 140 Ethel Road West flex property, located in Piscataway, New Jersey. Sigma Impex, Inc., a major wholesale supplier, recently signed a 9,800-square-foot lease extension, and Eshopic, Inc., an electronic retail company, signed an 11,200-square-foot lease expansion, bringing their square footage in the building to 22,400 square feet. “140 Ethel Road West’s accessibility and first-class amenities offer a unique opportunity for small businesses to grow and expand within the central New Jersey submarket,” stated Kristine B. Hurlbut, Senior Vice President, Leasing at Denholtz Associates. “We are extremely pleased to have completed lease agreements with these two valuable tenants and we look forward to continuing to provide them with top-of-the-line service for years to come.”

Sigma Impex, Inc., will continue utilizing the space as its main headquarters in the U.S. Eshopic, Inc., which has expanded its operations for the second time this year, will continue to use its space at its New Jersey headquarters. Bernard Zimmel of Zimmel Associates represented the tenant and the landlord in both transactions. Located within the strongest industrial market in Central New Jersey, 140 Ethel Road is a 108,000-square-foot multi-tenant flex building that is within close proximity to Rutgers University, the Lincoln Highway, Route 1, Interstate 287, and is less than 30 miles from Newark Airport. Situated off Exit 5 of I-287, the building is easily accessible by the area’s major commuting highways and offers tenants unlimited suburban conveniences such as restaurants, hotels, banks and shopping malls. The facility features flex units with private entrances, as well as access to nearby restaurants, malls, banks, golf courses, and hotels.