Moda Foods Leases Industrial Space In Fairfield To Full Occupancy By Elliot Ferris | 123 Lehigh Drive | Morgan Nitti, Brian Wilson, David Gheriani, Jeff Volpi, Bill Waxman, Mindy Lissner | Industrial | Lease

Summary

Lease

NEW JERSEY

Industrial

22,523 sqft

Industrial property located at 123 Lehigh Drive in Fairfield spanning 22,523 square feet was leased to Moda Foods. The strategic location of the property was a key factor in facilitating the deal.

Summary of transaction details:

Property Type: Industrial
Transaction Amount: Not specified
Address: 123 Lehigh Drive
Market: Fairfield
Landlord: Elliot Ferris - STRO Cos
Tenant: Rubil Vural - Moda Foods
Landlord's Rep: Bill Waxman, David Gheriani, Jeff Volpi, Mindy Lissner & Morgan Nitti - Cushman & Wakefield
Tenant's Rep: Brian Wilson - Resource Realty

Moda Foods, a company renowned for desserts like macaroons and Turkish delights, selected the leased space at 123 Lehigh Drive in Fairfield to enhance its distribution networks across 25 states. The deal brought the building to full occupancy, showcasing the attractiveness of northern New Jersey's industrial market.

Players

All
8

Agents
6
Agencies
2

$60M Sold

$82.5M Sold

$65.9M Sold

$139.9M Sold

$93.2M Sold

Details

Deal Summary

LEASED

IMAGE: Elliot Ferris, Rubil Vural, Bill Waxman, David Gheriani, Jeff Volpi, Mindy Lissner, Morgan Nitti & Brian Wilson DATE: 02/22/2024 ADDRESS: 123 Lehigh Drive MARKET: Fairfield ASSET TYPE: Industrial ~ SF: 22,523 LANDLORD: Elliot Ferris - STRO Cos TENANT: Rubil Vural - Moda Foods (@ModaFoods.US) LANDLORD'S REP: Bill Waxman, David Gheriani, Jeff Volpi, Mindy Lissner (@MindyLissner) & Morgan Nitti (@Morgan_Nitti_Industrial) - Cushman & Wakefield (@CushWake) TENANT'S REP: Brian Wilson - Resource Realty NOTE: Moda Foods, known for desserts like macaroons and Turkish delights, leased a 22,523-square-foot space at 123 Lehigh Drive in Fairfield, bringing the building to full occupancy. Cushman & Wakefield facilitated the deal, highlighting the property's strategic location and features for Moda Foods' distribution to 25 states, underscoring the robustness of northern New Jersey's industrial market.

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Address123 Lehigh Drive

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