An industrial lease transaction took place involving a newly built warehouse at 865 Newark Avenue in Elizabeth, NJ. The property comprises 103,912 square feet in the industrial asset category, indicating a sizeable facility in the market.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not disclosed
• Address: 865 Newark Avenue
• Market: Elizabeth
• Asset Size: 103,912 SF
• Landlord: Bruce Flatt, Kyle McGrady, Tyler Mordas, Keith Edwards & Sam Hart - Brookfield Properties
• Brokers: Alessandro Conte, Dylan Meade, Jason Crimmins, Peter Murano & Troy Schaafsma - The Blau & Berg Company

The lease was facilitated by The Blau & Berg Company, where brokers Jason Crimmins, Alessandro Conte, Peter Murano Jr., Dylan Meade, and Troy Schaafsma represented Brookfield Properties. The landlord's team involved Bruce Flatt, Kyle McGrady, Tyler Mordas, Keith Edwards, and Sam Hart.