Real Estate Weekly
Image default
Deals & Dealmakers Featured

Bridge Development signs 300,000 s/f NJ industrial lease

Bridge Development Partners has signed its first tenant at its 1.7 million Bridge Point Somerset warehouse campus in Somerset, NJ.

NAI DiLeo-Bram & Co. brokered the long-term 308,000 s/f industrial lease at 481 Weston Canal Road on behalf of a furniture manufacturer relocating most of its operations from Edison, New Jersey.

Eric Bram Johnston, Principal, and Christopher Galiano, Executive Vice President of NAI DiLeo-Bram, represented the tenant. Bridge Development Partners was represented by JLL.

Developed by Bridge Development Partners, 418 Weston Canal Road is a 308,550-square-foot industrial building located within Bridge Point Somerset, a newly constructed three-building Class A industrial corporate park.

The building features 36-foot clear ceiling heights, 78 trailer stalls, 50 loading docks and two electrically operated drive-in doors. It is conveniently located directly off Exit 12 of I-287 and is minutes to Exit 10 of NJ Turnpike.

“New Jersey’s industrial market has seen consistent growth in recent years, and this lease is a testament to the enduring demand for first-class industrial spaces throughout the state,” stated Jeff Milanaik, Partner, Northeast Region, Bridge Development Partners, LLC.

JEFF MILANAIK

“We are very excited to welcome this manufacturer to this growing campus, and look forward to welcoming additional tenants looking for a well-located, modern home that can help their business thrive.”

 Eric Bram Johnston added, “This newly constructed property offers our client the opportunity to grow its business in a corporate park setting.  Excellent access to the New Jersey Turnpike and major road networks allows for quick access from the ports and offers the ability to transport their product easily throughout the northeast.”

(Visited 1 times, 1 visits today)

Related posts

SUMMIT observatory opens at One Vanderbilt

REW

Robotics startup takes 54,000 s/f at 1900 Broadway

REW

SL Green signs Chelsea Piers Fitness as first tenant at One Madison

REW