Cresa’s Michael Morris, Sumner Putnam, Kensey Gawne and Matt Deutsch recently represented Russo Development in a 249,640-square-foot, full-building data center lease at 600 Commerce Blvd. in Carlstadt, NJ, to a confidential tenant. The Bergen County community’s proximity to New York City, and the building’s immediate, meaningful compute capacity, were the main draws. Â
The data center was purpose-built in 2008 for one of the world’s largest banks and features state-of-the-art infrastructure. Since then, it has been continually upgraded to meet the ever-increasing demands of enterprise-scale users, according to Cresa. It is located in the Meadowlands submarket, among the most well-established data center markets in the country.Â
Morris, head of Cresa’s Data Center Capital Markets & Advisory practice, has completed nearly 1.0 million square feet of transactions in the New Jersey area with Russo Development over the past several years.Â
The post Cresa Reps Russo Development in Bergen County Data Center Lease appeared first on Connect CRE.
​Â
