The asset involved in this transaction is an industrial property located at 200 Cottontail Lane and 202 Cottontail Lane in Somerset. The total square footage of the property is 235,855 SF, and it is fully leased with tenants Scentbird and Calibre Scientific occupying significant portions of the space.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not specified
• Address: 200 Cottontail Lane & 202 Cottontail Lane
• Market: Somerset
• Tenant: Scentbird
• Tenant: Calibre Scientific
• Landlord's Representative: Kevin Dudley, Chad Hillyer & Kate Granahan - CBRE
• Tenant's Representative: Nicholas Klacik - CBRE; Gary Politi & Michael Viera - JLL

CBRE secured two long-term leases at the Cottontail Logistics Center, with Scentbird leasing 116,530 SF at 200 Cottontail Ln. and Calibre Scientific leasing 119,325 SF at 202 Cottontail Ln. CBRE represented the landlord in this transaction, while Nicholas Klacik from CBRE along with Gary Politi and Michael Viera from JLL represented the tenants.