Michael Cervelli Real Estate Announces the Lease Up of 29 Cottage Street in Jersey City’s Journal Square
Cervelli Real Estate obtained the listing and proceeded to take the property to market. After showing the space to many prospects, the landlord decided to go with the security of a large national company. The tenant “Fresenius Medical Care Jersey City” is the largest provider of dialysis services in the country employing 45,000 people. Due to the nature of business, the tenant had many logistical and political hurdles but the parties were able to come to an agreement after several months of negotiations.