Home appliance giant Fisher Paykel
has signed a 66,375 s/f industrial space in Piscataway, NJ.
CBRE brokered the lease at 800
Centennial Avenue in the Centennial Commerce Center, a 277,830 s/f warehouse
facility owned by Penford Group.
The CBRE team of Mindy Lissner,
Robert Pine and Ben Shapiro represented ownership and also acted on behalf of
Fisher & Paykel in the lease negotiations. Lissner part of the CBRE team representing the
company internationally.
Completed in 2019, Centennial Commerce Center sits on 19.4 acres and has onsite parking for 261 cars, with potential to construct an additional 205 automobile spaces.
“Centennial Commerce Center, a new
high-image, Class A warehouse, offers immediate access to all roadways serving
New Jersey and the Northeast along with unmatched proximity to the seaport and airport,”
said Lissner. “The property provides a diverse and top tier labor pool in the
surrounding area as well as many local amenities.”
“This new state-of-the-art
distribution facility was expressly redeveloped to significantly reduce the
operating expenses of the new building and offer tenants exceptional savings,” added
Pine.
