Lee & Associates – WBE successfully facilitated a 61,000-square-foot industrial lease for Wise Foods, a salty snack maker. The new location is situated at 70 Maltese Dr. in Totowa, NJ and was arranged by the firm’s tenant brokers Andrew Stypa, Daniel Badenhausen and Kyle Janoczkin. The landlord Longpoint was represented by Cushman & Wakefield.
Wise Foods is headquartered in Berwick, PA and is reportedly the largest regional snack food company in the U.S. This new lease accounts for more than half of 70 Maltese Dr., as it serves as both a relocation and expansion from their previous Bergen County location. Stypa has been working with Wise Foods for over ten years.
According to Stypa: “Our client found this property’s Passaic County address very appealing due to its convenient access to major roads.” After conducting an extensive six-month site search on behalf of Wise Foods, they ultimately chose this property due to its functionality, features and size which perfectly met their additional space requirements.
The post details how Wise Foods has recently expanded their operations through leasing an industrial space at Lee & Associates – WBE’s recommendation located at 70 Maltese Drive in Totowa New Jersey after being represented by Cushman & Wakefield while Lee&Associates-WBE had Andrew Stypla,Daniel Badenhausen,and Kyle Janoczkin serving as tenant brokers.Wise foods who are based out of Berwick Pennsylvania have become one of America’s leading companies within the industry accounting for more than half (30500 sq ft)of total square footage leased.The move comes following several months worths research into finding suitable locations that would provide easy access routes onto major highways allowing them easier distribution opportunities.Stypla commented “After spending six months searching we were able find our client exactly what they needed thanks largely down towards having such great features,functionality,and size which ultimately allowed them to meet their additional space requirements.”
