Bussel Realty Corp. (BRC) announced Toll Global Forwarding signed a long-term lease for 299,973 s/f of industrial space at 800 Federal Boulevard in Carteret, New Jersey.
Steve Bussel, president of BRC, represented the tenant. Prologis, the owner of the property, was represented by CBRE.
“The quality space and strategic location of the property in Carteret made perfect sense for Toll Global Forwarding and why they chose to remain in the property instead of relocating,” commented Bussel.
Toll Global Forwarding provides international freight forwarding and advanced supply chain management services. Headquartered in Hong Kong, it has a network of more than 120 offices in 30 countries.
Totaling 299,973 s/f, 800 Federal Boulevard is located near Exit 12 of the New Jersey Turnpike and sits on 13.79 acres.
The property is in close proximity to Port Newark/Elizabeth, New York City and Newark Liberty Airport.