Crow Inks 188K SF Deal with Weida as First Tenant in Carteret

Crow Holdings Development is thrilled to announce a significant milestone with the signing of Weida Freight System, Inc. (WFS) as the inaugural tenant at the Crow Holdings at Carteret campus. This strategic move marks a major expansion for WFS, a renowned third-party logistics provider, as they secure a 188,000-square-foot space at 400 Salt Meadow Rd. in Carteret, New Jersey.

This remarkable deal was orchestrated through the efforts of various real estate professionals. Cushman & Wakefield's Jules Nissim, Stan Danzig, and Kimberly Bach served as the exclusive leasing agents for Crow Holdings at Carteret, while Avison Young's Jimo Liu represented WFS, ensuring a successful agreement between the two parties.

What Makes Crow Holdings at Carteret So Appealing

Crow Holdings at Carteret boasts an impressive location that sets it apart in the industrial real estate landscape. It provides the most convenient Turnpike interchange access of any newly developed industrial property within the last decade. This unique feature has piqued the interest of various potential tenants, resulting in a steady rise in inquiries throughout the summer and into the fall.

Moreover, the strategic positioning of this development is just 13 miles from the bustling Port Newark-Elizabeth Marine Terminal. This proximity to a key transportation hub offers a competitive edge for businesses looking to optimize their logistics operations.

Developer and Municipality Support

One of the key factors contributing to the success of Crow Holdings at Carteret is the developer's keen understanding of the market and the strong support from the business-friendly municipality. This collaborative environment enhances the appeal of the campus, making it a distinctive opportunity for businesses looking to establish or expand their operations.

In summary, Crow Holdings Development's recent deal with Weida Freight System, Inc. as the first tenant at the Carteret campus is a testament to the attractiveness of this prime industrial location. With unparalleled access to major transportation routes and strong developer and municipal support, it's clear that Crow Holdings at Carteret is a prime choice for companies seeking optimal logistics solutions in the region.