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Quince Leases 105000 SF Industrial Space At LogistiCenter In Carneys Point With Dermody Properties

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LEASED

New Jersey

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Industrial105,000 SF
Leased 07/16/2025
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LEASED

Quince Leases 105000 SF Industrial Space At LogistiCenter In Carneys Point With Dermody Properties

24 North Game Creek Road

See Similar Deals
Industrial105,000 SF
Leased 07/16/2025
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Summary

NEW JERSEY
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:105,000 SF
Transaction Type:Lease

The property involved in this lease transaction is an industrial asset located at 24 North Game Creek Road, within the Carneys Point market. The total leasing space amounts to 105,000 square feet. This transaction is part of Dermody Properties' two-building development known as LogistiCenter in Southern New Jersey.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not applicable for lease transactions
  • Address: 24 North Game Creek Road
  • Market: Carneys Point
  • Landlord: Douglas Kiersey Jr. - Dermody Properties
  • Tenant: Sid Gupta - Quince
  • Landlord's Representative: Dean Torosian - JLL
  • Tenant's Representative: Andrew Stypa - Lee & Associates

The lease was signed specifically by Quince, with Andrew Stypa representing them from Lee & Associates. Dean Torosian represented Dermody Properties in facilitating the lease agreement. This transaction highlights the collaborative efforts between these firms in securing the lease terms.

Players

Dean Torosian
3 deals
BROKER

Andrew Stypa
Lee & Associates
2 deals
BROKER

Lee & Associates
BROKERAGE

JLL
BROKERAGE

Douglas Kiersey Jr.
Dermody Properties
7 deals$335M volume
LANDLORD

Details

LEASED
IMAGE: Douglas Kiersey Jr., Sid Gupta, Dean Torosian & Andrew Stypa DATE: 07/16/2025 ADDRESS: 24 North Game Creek Road MARKET: Carneys Point ASSET TYPE: Industrial ~ SF: 105,000 LANDLORD: Douglas Kiersey Jr. (@Puffdougy) - Dermody Properties TENANT: Sid Gupta - Quince (@OneQuince) LANDLORD'S REP: Dean Torosian - JLL (@JLL) TENANT'S REP: Andrew Stypa (@Andrew.Stypa) - Lee & Associates (@LeeAssociatesRE) NOTE: Quince signed a 105,000 SF industrial lease at LogistiCenter in Carneys Point, Southern New Jersey, with Dermody’s two-building development. Andrew Stypa of Lee & Associates represented Quince, while JLL’s Dean Torosian represented Dermody.

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Deal Type
Effective Rent (Annual)

$6,018,536.64

Total Lease Value

$60,185,366.39

Net Landlord Cash Flow$6,018,536.64