2C — October 11 - 24, 2019 — Pennsylvania — M id A tlantic
Real Estate Journal
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P ennsylvania
Waxman, Dudley &Klacik rep. Boxzooka in the lease negotiations CBRE arranges 133,464 s/f industrial lease inMiddletown
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IDDLETOWN, PA — In a transaction arranged by CBRE ,
Boxzooka Fulfillment &Glob- al Ecommerce, a global fulfill- ment company, has inked a 133,464 s/f industrial lease at 300 Capital Ln. in Middle- town. The newly constructed class A industrial property, which was a new construc- tion warehouse, is part of a 1.5-million s/f logistics cen- ter owned and operated by Colony Industrial. The prop- erty is ideally located in close proximity to both the entire Northeastern United States and Canada, within a one-day truck drive. The CBRE team of William Waxman, Kevin Dudley and Nicholas Klacik repre- sented Boxzooka in the lease negotiations. “Boxzooka had very spe- cific space requirements to expand its fulfillment and distribution operations, in- cluding a geographic location in close proximity to its U.S. and Canadian client base,” said Klacik. “The recently developed facility in Middle- town fit the bill perfectly as it allows our client to reach its clients quicker and more efficiently.”
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300 Capital Ln.
Brendan Heegan of Boxzoo- ka continued, “Pennsylvania is the perfect geographic location for our expansion plans. Its close proximity to major Fe- dEx and UPS truck hubs and to a large part of the U.S. and Canadian populations, where 30% and 50% of the respective countries’ residents can be reached within just a one-day truck drive, made the property ideal for our requirements.” Boxzooka took occupancy of the building in May and is now fully operational. In addi- tion to Boxzooka’s long-term commitment for 133,464 s/f of space, the New Jersey-based company will have access to additional warehousing space within Colony Industrial’s complex in Middletown and around the country for the company’s planned further expansions. Boxzooka’s forward-thinking
and technologically advanced fulfillment platform has en- abled the company to quickly expand its client base, which include many of the world’s top brands.
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