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United Water signs 20-year lease in Paramus

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United Water signs 20-year lease in Paramus.
United Water signs 20-year lease in Paramus. - ()

Mack-Cali Realty Corporation announced Wednesday that United Water Management & Services Inc. has signed a new lease at a Paramus office building.

The Edison-based real estate investment trust said in a news release the sustainable water and wastewater management solutions provider signed a 20-year agreement for Mack-Cali Centre VI at 461 From Road.

"We’re delighted that United Water has chosen this premier property and we look forward to providing a superior work environment for years to come,” Mitchell E. Hersh, president and CEO of Mack-Cali, said in the release. “This reflects the continued success of Mack-Cali’s strategy to build successful, long-term tenant relationships by maintaining high standards for both our properties and our services.”

Harrington Park-based United Water was awarded $5.5 million in tax credits from the New Jersey Economic Development Authority’s Grow New Jersey Assistance Program to remain in the state, Mack-Cali said.

Mack-Cali Centre VI is a five-story, 253,554-square-foot class A office building that is now 86.5 percent leased.

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