AEX Group Renews 5-Year Lease For 35,000 SF Industrial Property In Linden, NJ | 2020 South Stiles Street | Benito Abbate, Jordan Metz | Industrial | Lease

Summary

Lease

NEW JERSEY

Industrial

35,000 sqft

A five-year lease renewal has been facilitated for a 35,000-square-foot industrial property located at 2020 South Stiles Street in Linden, NJ. The property is owned by Linden Warehouse & Distribution Co. and is strategically positioned near transportation hubs, making it an ideal location for last-mile logistics services in northern New Jersey.

Summary of transaction details:

Property Type: Industrial
Transaction Amount: Not specified
Address: 2020 South Stiles Street, Linden, NJ
Market: Linden
Square Footage: 35,000

The lease renewal was facilitated by the Metz Industrial Group (MIG) of Bussel Realty Corp., representing the landlord, Linden Warehouse & Distribution Co. The tenant, AEX Group, opted to renew the lease due to the property's advantageous location near transportation hubs, which enables them to efficiently provide last-mile logistics services in northern New Jersey.

Players

All
3

Agents
2
Agencies
1

$7.6M Sold

$121.2M Sold

Details

Deal Summary

LEASED

IMAGE: Jared Stadlin, Benito Abbate & Jordan Metz DATE: 10/19/2023 ADDRESS: 2020 South Stiles Street MARKET: Linden ASSET TYPE: Industrial ~ SF: 35,000 LANDLORD: Linden Warehouse & Distribution Co. - Jared Stadlin TENANT: AEX Group - JD Gamble BROKERS: Benito Abbate (@BenitoAbbate) & Jordan Metz (@JordanMichaelm) - Bussel Realty (@BusselRealty) LEASE TERM: five-year NOTE: The Metz Industrial Group (MIG) of Bussel Realty Corp. facilitated a five-year lease renewal for a 35,000-square-foot industrial property in Linden, NJ, on behalf of the landlord, Linden Warehouse & Distribution Co. The tenant, AEX Group, renewed the lease due to the property's strategic location near transportation hubs, enabling them to continue providing last-mile logistics services in northern New Jersey.

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Address2020 South Stiles Street

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