Grubb & Ellis Fairfield Office Secures 200,000 SF Lease Renewal

De'Longhi, a leader in Italian-designed kitchen and home comfort products, has signed a lease renewal for 200,000 square feet of warehouse/distribution space at 24 and 30 Passaic St. in Wood-Ridge.

Frank Lopriore, senior vice president, Tenant Advisory Group, and John Donnelly, vice president, Global Logistics Group, in the Grubb & Ellis Fairfield office, facilitated the transaction on behalf of De'Longhi. The landlord, Wood- Ridge Industrial Associates, was represented by Team Resources.

"We were able to assist De'Longhi in achieving its corporate objectives, which were to remain in its current location and find cost saving solutions," said Donnelly.

Founded in 1902, De'Longhi is the leader in innovative designed-in-Italy kitchen and home comfort products for consumers demanding both high style and long-lasting performance.