Worldwide Logistics USA Leases 451,916 Square Feet At Arsenal Trade Center In Sayreville

The property asset involved in this transaction is a newly constructed industrial space with a total area of 451,916 square feet located at 76 Callahan Boulevard, Building 3 in Sayreville. This asset is part of a larger industrial campus that spans 1.1 million square feet and is situated in a market characterized by a demand for large-scale industrial properties.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not disclosed
• Address: 76 Callahan Boulevard Building 3
• Market: Sayreville
• Landlord: Adam Nims - Trammell Crow Company; Andrew Glanzman & Adam Gallistel - CBRE Investment Management
• Tenant: Worldwide Logistics USA
• Landlord's Representative: Thomas Monahan, Larry Schiffenhaus & Brian Golden - CBRE
• Tenant's Representative: Jimo Liu - Cushman & Wakefield

This lease deal reflects the partnership between Worldwide Logistics USA and the landlords, highlighting the involvement of broker representatives from notable firms. The transaction indicates essential players in the real estate landscape, showcasing a collaborative effort for a significant industrial lease within a competitive market.