8B — March 18 - April 21, 2022 — Northern New Jersey — M id A tlantic Real Estate Journal
www.marej.com
N orthern NJ 332,640 s/f facility neighbors UPS build-to-suit at Lincoln Logistics Bayonne Lincoln Equities Group to launch spec last-mile distribution facility in Bayonne, NJ
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Lincoln Equities Group expects to deliver by year-end. Representing the largest infill industrial redevelopment in the New York Metro Area, Lincoln Logistics Bayonne sits on a 153-acre waterfront peninsula in the heart of the Port of New York/New Jer- sey. Already, the property has attracted shipping giant UPS, for which an 886,256 s/f build-to-suit distribution hub is under development. “We designed Lincoln Logis- tics Bayonne to set the highest standard for modern portside logistics worldwide,” said Lin- coln Equities Group’s Joel Bergstein , president. “As the newest and most innovative Last Mile warehouse and dis- tribution center in the region, it offers an unparalleled gateway to the entire East Coast Cor- ridor via water, land and air.” Lincoln Logistics Bayonne is the closest-in development site to Global Container Marine Terminal, which is located just 800 feet away with direct access via a private roadway. Just five miles fromManhattan and nine miles from Newark Liberty International Airport, the site provides robust road- way ingress/egress via the NJ Turnpike (new Exit 14A inter- change), I-78 and Route 440. “This is the right time to make a move,” said Cushman & Wakefield’s Jules Nissim , who is heading the leasing team with Stan Danzig and Stephen Elman . “The port market is red-hot, with an in- dustrial vacancy rate under 2%. Lincoln Equities Group is one of the most well-established and respected developers in its sec- tor, and the firm has designed a highly visible, state-of-the-art facility ideally suited for e-com- merce and same-day delivery providers.” Nissim added that the opportunity provides both speed-to-market and – for a limited time – the chance for a future tenant to influence ele- ments of the final product. Lincoln Logistics Bayonne is positioned in the epicenter of one of the world’s most concentrated, affluent consumer markets, with 59 million consumers within a five-hour drive. The 24-acre spec development parcel can accom- modate parking for 195 trailers and 225 cars, or 45 trailers and 800 cars. Public transportation, including NJ Transit’s Hudson- Bergen Light Rail and Ferry Service, is easily accessible to employees and visitors. MAREJ
AYONNE, NJ — Spec construction is set to begin for a 332,640-
s/ f portside distribution facility with f i v e a c r e s o f pa rk i ng capaci ty at Lincoln Lo- gistics Bay- onne, mark- ing another
Joel Bergstein
milestone for the former Mili- tary Ocean Terminal site. Cushman & Wakefield serves as exclusive leasing agent for the building, which developer
Lincoln Logistics Bayonne spec building
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