Titanium Plus Auto Parts Leases 444,470 Square Feet In Cranbury From Clarion Partners

The industrial asset located at 26 Hightstown-Cranbury Station Road in Cranbury, New Jersey, encompasses a total area of 444,470 square feet. This modern facility is strategically situated near the New Jersey Turnpike, enhancing its logistical capabilities. The property is leased by Titanium Plus Auto Parts from Clarion Partners, serving as a new East Coast distribution hub.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not specified
• Address: 26 Hightstown-Cranbury Station Road
• Market: Cranbury
• Landlord: David Gilbert - Clarion Partners
• Tenant: Titanium Plus Auto Parts
• Landlord's Representative: Nate Demetsky - JLL
• Tenant's Representatives: Alessandro Conte, Jason Crimmins & Peter Murano - The Blau & Berg Company

This transaction involved key players including David Gilbert from Clarion Partners and the representatives from JLL and The Blau & Berg Company, who facilitated the negotiations for both the landlord and tenant respectively. The lease agreement secured a long-term commitment for the tenant within the modern industrial sector.