Real Estate Weekly
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Deals & Dealmakers

Hot spot for lease in Exit 8A submarket

Cushman & Wakefield has been appointed exclusive agent for a 69,000 s/f industrial building coming online for sale or lease in South Brunswick.

CHARLES FERN

The offering at 5 Boxal Drive represents one of the only availabilities of its size in the Exit 8A submarket, where vacancies currently sit below one percent, according to industrial broker Charles Fern.The 12.6-acre property includes excess land for future expansion.

“The owner purchased this property for his own use and has since outgrown the building,” Fern explained.

“We are bringing this offering to market at a time when there is virtually no product available for purchase or lease. ”

5 Boxal Drive is available in June. Suitable for a variety of uses, it features 32 ft. clear ceilings, heavy power, 10 dock doors and one drive-in door, and LED lighting. It is 32 miles from Port Newark/Elizabeth and 43 miles from New York City.

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