The Blau & Berg Company recently leased a 31,000-square-foot industrial terminal in Elizabeth, New Jersey, to Daylight Transport. The lease rate for the terminal is set at $25 per square foot. The terminal is strategically located near Newark Liberty International Airport and the Port of Newark, making it an attractive location for businesses in the transportation and logistics industry.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: Not provided
• Address: 228-248 North Avenue East, Elizabeth, New Jersey
• Market: Elizabeth
• Brokers: Michael Schipper, Kenneth Crimmins, Jason Crimmins (SIOR, CCIM), Alessandro Conte (SIOR, CCIM), Peter Murano (SIOR) - The Blau & Berg Company
• Asking Rent: $25 per square foot

The leasing of the terminal to Daylight Transport highlights the demand for convenient access to transportation hubs. With its proximity to the Newark Liberty International Airport and the Port of Newark, the terminal offers businesses the opportunity to efficiently manage their logistics operations.