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Castle & Brothers Logistics Leases 14,000 SF At 410 Allen Street Elizabeth From S&H Development

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LEASED

New Jersey

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Industrial
Leased 02/05/2025
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LEASED

Castle & Brothers Logistics Leases 14,000 SF At 410 Allen Street Elizabeth From S&H Development

410 Allen Street

See Similar Deals
Industrial
Leased 02/05/2025
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Summary

NEW JERSEY
Asset Type:Industrial
Transaction Type:Lease

410 Allen Street is an industrial property located in Elizabeth, featuring a total size of 67,000 square feet. The property has 24-foot ceilings and tailboard loading facilities. Currently, 24,500 square feet is available for lease, with convenient access to major highways and Port Newark/Elizabeth.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not disclosed
  • Address: 410 Allen Street
  • Market: Elizabeth
  • Landlord: S&H Development
  • Tenant: Castle & Brothers Logistics
  • Brokers: Benito Abbate, James Friel & Jordan Metz - Bussel Realty
  • Square Footage Leased: 14,000 SF
  • Total Available Space: 24,500 SF

Benito Abbate, James Friel, and Jordan Metz represented both the tenant, Castle & Brothers Logistics, and the landlord, S&H Development, in this leasing transaction. This collaborative effort showcases the involvement of Metz Industrial Group of BRC in facilitating the deal.

Players

Jordan Metz
38 deals$140.7M volume
BROKER

Benito Abbate
Bussel Realty
20 deals$7.6M volume(908) 655-8331
BROKER

Details

LEASED
IMAGE: Benito Abbate, James Friel & Jordan Metz DATE: 02/05/2025 ADDRESS: 410 Allen Street MARKET: Elizabeth ASSET TYPE: Industrial LANDLORD: S&H Development TENANT: Castle & Brothers Logistics BROKERS: Benito Abbate (@BenitoAbbate), James Friel & Jordan Metz (@JordanMichaelm) - Bussel Realty (@BusselRealty) NOTE: Castle & Brothers Logistics leased 14,000 SF at 410 Allen St., Elizabeth, a 67,000-SF industrial building, with Metz Industrial Group of BRC representing both tenant and landlord S&H Development. 24,500 SF remains available at the property, which offers 24-foot ceilings, tailboard loading, and proximity to major highways and Port Newark/Elizabeth.

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Deal Type
Effective Rent (Annual)

$573,193.97

Total Lease Value

$5,731,939.66

Net Landlord Cash Flow$573,193.97