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JW Fulfillment Leases Full Building At Arsenal Trade Center In Sayreville, NJ

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LEASED
Thomas Monahan
Larry Schiffenhaus
+ 2

New Jersey

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Industrial342,000 SF
Leased 06/27/2024
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Property Image
LEASED

JW Fulfillment Leases Full Building At Arsenal Trade Center In Sayreville, NJ

99 Callahan Court

See Similar Deals
Industrial342,000 SF
Leased 06/27/2024
Thomas Monahan
Larry Schiffenhaus
+ 2
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Summary

NEW JERSEY
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:342,000 SF
Transaction Type:Lease

The industrial property located at 99 Callahan Court in Newark, spanning 342,000 square feet, has been leased by JW Fulfillment, Inc., a wholesale distribution company, from the landlord, Andrew Mele of Trammell Crow Company.

Summary of transaction details:

The lease for the full building in Sayreville, NJ, at the Arsenal Trade Center, underscores the strategic location of the center in a key consumer market. The lease was facilitated by CBRE Investment Management, in partnership with Trammell Crow Company, with additional large and smaller space opportunities available for lease through CBRE's marketing efforts.

Players

Larry Schiffenhaus
13 deals$83M volume
BROKER

Thomas Monahan
CBRE
11 deals$83M volume
BROKER

Charles (Chuck) Fern
Cushman & Wakefield
18 deals$117.5M volume(908) 413-3430
BROKER


Details

LEASED
IMAGE: 06/27/2024 ADDRESS: 99 Callahan Court MARKET: Newark ASSET TYPE: Industrial ~ SF: 342,000 LANDLORD: Andrew Mele - Trammell Crow Company TENANT: JW Fulfillment, Inc LANDLORD'S REP: Brian Golden, Larry Schiffenhaus & Thomas Monahan - CBRE TENANT'S REP: Charles Fern & Jimo Liu - Cushman & Wakefield NOTE: JW Fulfillment, Inc., a wholesale distribution company, has leased a full building at Arsenal Trade Center in Sayreville, NJ, a 1 million-square-foot logistics hub developed by Trammell Crow Company in partnership with CBRE Investment Management. The lease underscores the center’s strategic location in a key consumer market, with additional large and smaller space opportunities still available for lease through CBRE's marketing efforts.

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Deal Type
Effective Rent (Annual)

$19,603,233.62

Total Lease Value

$196,032,336.23

Net Landlord Cash Flow$19,603,233.62