Dr. Praeger's Sensible Foods Leases Industrial Space In Edison, NJ For 56760 SF

The industrial property located at 180 Raritan Center Parkway in Edison, New Jersey, encompasses a total of 354,000 square feet. Dr. Praeger’s Sensible Foods secured a long-term lease for 56,760 square feet of freezer space within this warehouse facility, meeting their specific distribution needs with temperatures as low as -20 degrees.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not specified
• Tenant: Dr. Praeger’s Sensible Foods
• Landlord: NJIND Raritan Center LLC.
• Tenant's Rep: Mary Chancis (America East Real Estate)
• Landlord's Rep: Lou Belfer (CBRE), Nicholas Nitti (CBRE), Scott Belfer (CBRE)

The lease transaction was negotiated on behalf of the building's ownership, New York Life (NJIND Raritan Center, LLC, by the CBRE team consisting of Scott Belfer, Lou Belfer, and Nicholas Nitti. Dr. Praeger’s Sensible Foods, a frozen foods company established in 1994, was represented by Mary Chandis of America East Real Estate. The unique feature of the fully racked freezer space at 180 Raritan Center Parkway contributes significantly to Dr. Praeger’s Sensible Foods' operational requirements.