Resource Realty Of Northern New Jersey Completes Three Industrial Leases In Morris County

The transaction involves a total of 15,496 square feet of industrial space located at 273 Franklin Road, 7 Middlebury Boulevard, and 1 Gold Mine Road in the Randolph and Flanders market. The asset is part of a series of three industrial leases completed along the I-80 corridor in Morris County.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not specified
• Address: 273 Franklin Road, 7 Middlebury Boulevard & 1 Gold Mine Road
• Market: Randolph & Flanders
• Asset Size: 15,496 square feet
• Brokers: Brian Wilson, Tom Consiglio & Scott Peck - Resource Realty of Northern New Jersey; Christie’s International Real Estate

The principals involved in this transaction are Brian Wilson, Tom Consiglio, and Scott Peck, who represented the landlords. The key factors for tenant attraction included the locations' connectivity to major highways and modern industrial amenities, reinforcing the region’s importance as a logistics hub.