12A — March 2026 — New Jersey — M id A tlantic Real Estate Journal
www.marej.com
N ew J ersey
OODBRIDGE, NJ — Woodmont Industrial Part- Property transitions to Sagard Real Estate Woodmont Industrial Partners sells 54,113 s/f class A industrial facility in Woodbridge Twp. W
space remains strong,” said Anthony Amadeo , executive vice president at Woodmont. “It was a pleasure to work with the town throughout the redevelopment process and to see this site get repurposed into a modern facility. Prop - erties like 51 New Brunswick Ave that have direct access to port infrastructure and ma - jor transportation corridors continue to attract strong interest, and this submarket offers exceptional connectiv - ity that supports distribution throughout the Northeast. This was evident by strong market activity and a quick lease signing at CO.” Located in Woodbridge, NJ, the facility provides seam - less access to Port Newark- Elizabeth, the New Jersey Turnpike, Garden State Park - way, Route 9, and Route 440, positioning it within one of the Northeast’s most con - nected logistics corridors. De - livered in 2023, the property features 32-foot clear ceiling heights, seven exterior dock doors, one drive-in door, and 2,300 square feet of office space designed for modern distribution and last-mile users. It is fully leased to R.A.S. Logistics, a full-service logistics provider, serving as both a critical operational hub and the company’s Northeast headquarters. “51 New Brunswick Av - enue offers the location and functionality we seek in high-quality infill industrial investments,” said Belah Terentjev , director of acqui - sitions, Northeast at Sagard. “Woodmont’s high-caliber execution, coupled with the property’ strategic location and strong tenant profile make it a compelling long- term investment, and we believe it will remain highly attractive to both users and capital in the years ahead.” In recent months, Wood - mont completed a 152,100 s/f class A industrial prop - erty in South Amboy, and commenced an office-to- industrial conversion proj - ect on a 30.6-acre site in Franklin Township. Woodmont Industrial Part - ners’ current portfolio totals over 7.2 million s/f across New Jersey, Pennsylvania and Florida, including projects that are fully leased, avail - able for occupancy or under construction. MAREJ
ners announced the sale of its 54,113 s/f class A industrial property at 51 New Brunswick Ave. in Woodbridge Town - ship to Sagard Real Estate . This reflects the property’s strong, long-term positioning within one of Central New Jersey’s most competitive dis - tribution markets. Brokered by Newmark’s Brian Schulz, Steven Beyda and Kevin Welsh , the deal builds on Woodmont’s continued indus - trial momentum, as the firm
51 New Brunswick Ave.
high-quality logistics facili - ties in markets where de- mand for modern industrial
advances new ground-up de - velopments, repositioning proj - ects and successful lease-ups
across several of the nation’s most active logistics markets. “Our focus is to deliver
HIGH-RISE SALE
Atlantic City Redevelopment Opportunity Formerly Club Wyndham Skyline Tower 100 S. North Carolina Ave. Atlantic City, NJ 32 Stories 296 Units | 1 - 4 BR Layouts Approx. 273,000 SF of NRA One Block from the Boardwalk
BID DEADLINE APRIL 17
847.849.2909 HilcoGlobalResortSales.com
Subject to approval by U.S. Bankruptcy Court District of New Jersey, Case No. 25-22156 (ABA) | In re: Skyline Tower Resort Vacation Condominium Association, Inc.
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