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Deals & Dealmakers

Colliers arranges 130,000 s/f Jersey warehouse lease for SIF Services

Colliers International negotiated a lease for 128,700 s/f of industrial/warehouse space at Prologis Monroe, Two South Middlesex Avenue in Monroe Township, N.J.

Jonathan Tesser and Michael Markey, executive managing directors in Colliers’ Princeton office, along with Eric Chou of the firm’s Ontario, Calif. office, represented the tenant, SIF Services LLC. CBRE represented the landlord, Prologis.

SIF Services LLC, based in Ontario, Calif., serves a broad customer base with a range of business services including product sourcing, import services and order fulfillment.

The company is expanding and consolidating its Garden State operations at Two South Middlesex Avenue, according to Tesser.

“The company had two smaller facilities in New Jersey, and due to its growth and additional business, there was a need to expand and consolidate their operation into one larger space,” Tesser said.

“Located less than two miles from Exit 8A of the New Jersey Turnpike, Prologis Monroe was perfectly suited for SIF Services LLC’s requirements and offered the tenant a strategic location in the heart of a desirable Middlesex County submarket.”

Encompassing 218,100 s/f of industrial/warehouse space, Two South Middlesex Avenue is situated near the New Jersey Turnpike, Route 130 and Route 1, and is 30 miles from Newark Liberty International Airport and the Ports of Newark/Elizabeth.

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