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2B — August 14 - 27, 2020 — New Jersey — M id A tlantic Real Estate Journal

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87-door cross dock freight terminal in Carlstadt, NJ Meridian Investment Sales lists an industrial warehouse

C

ARLSTADT, NJ — Meridian Investment Sales , the commercial

p r o p e r t y s a l e s d i v i - sion of Me- ridian Capi- tal Group , is pleased to presents for sale an indus- t r i a l ware - house config-

September

David Schechtman

ured as an 87-door cross dock freight terminal in Carlstadt, NJ. Senior executive managing director, David Schechtman, managing directors, Lipa Li- eberman and Abie Kassin , and vice president, David Ben- harouch , are representing the seller in this transaction. Located at 130 Moonachie Ave., the warehouse is situ- ated on more than 7.7 acres in the highly desirable industrial enclave of Carlstadt. The build- ing is fully occupied at rents substantially below market, presenting an excellent oppor- tunity to reposition the existing asset, which is configured as an 87-door cross dock freight terminal. Notable tenants include Accurate Logistics, National Road Service, Grey- hound Lines, Inc., Treadway Tours, and H.E. Acquisition LLC. The property is in the

Sept. 2, 2020-6th Annual New Jersey Leadership

130 Moonachie Ave.

Meadowlands district, which restricts the development of competing facilities. Given that new truck terminals are no longer permitted while demand continues to surge, buildings of this nature are able to command a significant rental premium, making this an exceptional opportunity for an investor or end-user in one of the nation’s most sought- after areas.

interstate highways, the Lin- coln Tunnel, and the George Washington Bridge. MAREJ

Sept. 9, 2020-5th Annual Philadelphia Healthcare & Medical

New Jersey

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October 1, 2020-6th Annual New Jersey Industrial Real Estate Development

Situated just miles west of Manhattan, the Meadow- lands district has established itself as one of the country’s preeminent last-mile distribu- tion centers. The area has also become a choice destination for data centers looking to es- tablish a strong presence near New York City, benefitting from close proximity to five Real Personal. Real Successful. Real Estate. Your commercial real estate transaction demands innovative expertise and principal involvement. Our network of 75 global offices is exceptionally experienced and intentionally independent. Let’s talk today.

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