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LEASED

Blau & Berg Co. Leases 31,000 SF Industrial Terminal In Elizabeth, New Jersey To Daylight Transport At $25/ft

228-248 North Avenue East

Industrial
31,000 SF
clock iconLeased 336 days ago
Kenneth Crimmins
Jason Crimmins (SIOR, CCIM)
Alessandro Conte (SIOR, CCIM)
+ 3
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Summary

Lease
NEW JERSEY
Industrial
31,000 sqft

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.

Players

  • All

    6

  • Agents

    5

  • Agencies

    1

Kenneth Crimmins's profile picture
Kenneth Crimmins
The Blau & Berg Company-image
Chairman & CEO

Details

Deal Summary
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LEASED
IMAGE: Michael Schipper, Kenneth Crimmins, Jason Crimmins, Alessandro Conte & Peter Murano DATE: 06/20/2023 ADDRESS: 228-248 North Avenue East MARKET: Elizabeth ASSET TYPE: Industrial BROKERS: Michael Schipper, Kenneth Crimmins, Jason Crimmins (SIOR, CCIM) (@JMCrimmins), Alessandro Conte (SIOR, CCIM), Peter Murano (SIOR) (@MuranoPeter) - The Blau & Berg Company (@TheBlauBergCompany) ASKING RENT: $25/ft ~ SF: 31,000 NOTE: Blau & Berg Co. recently leased a 31,000-square-foot terminal in Elizabeth, New Jersey, to Daylight Transport at the same rate as the previous tenant, citing the terminal's strategic location near Newark Liberty International Airport and the Port of Newark.

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Address228-248 North Avenue East

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