6-12-20

6B — June 12 - 25, 2020 — Northern New Jersey — M id A tlantic Real Estate Journal

www.marej.com

N orthern NJ

The expected delivery date is early 2021 Urban Edge Properties converts gateway Bergen County facility to a last mile warehouse L

Northern NJ. “Delivery times, Rte. efficiencies, a loaded tal- ent pool, and the flexibility of the property are distribution game-changers for the right user, especially with the ris- ing demands of immediacy in e-commerce.” Currently two levels and a total of 170,932 s/f, plans are in place that will further optimize footprint efficiency including ceiling heights of 14 to 26 feet, up to 23 loading docks, a new ESFR sprinkler system, LED lighting with mo- tion detection, and a new roof and parking lot. Located just seven miles from New York City, adjacent to Rte. 80, and within a 10- mile radius of a population of more than 3.6 million, the converted Bergen County building will be a prime Last Mile Center with a talent pool of 500,000 within only three miles of the site. Prime vis- ibility and company branding opportunities can be show- cased to over 600,000 eyes a day along Rte. 17 and Rte. 80. The expected delivery date is early 2021. MAREJ Glenpointe announces return of clothing manufacturer to Teaneck campus TEANECK, NJ — Glen- pointe , northern New Jer- sey’s premier corporate des- tination, announced it has negotiated a new lease with former tenant, Leeward In- ternational, to bring the cloth- ing manufacturer back to its iconic campus located at 300/400/500 Frank W. Burr Blvd. in Teaneck. Formerly a Glenpointe ten- ant for over five years, Lee- ward International moved out of the complex to consolidate their office and warehous- ing needs into a larger flex space. As their space needs once again shifted, Leeward International chose to move part of its operations back to Glenpointe due to their long- standing relationship with Al- fred Sanzari Enterprises , which developed, owns and manages the campus. The property’s superior accessi- bility, proximity to Leeward International’s Manhattan location, and recent capital improvements also factored heavily into their decision to return. MAREJ

ODI, NJ — In keeping with the trend that’s shifting more and more retail from bricks and mortar to e-commerce, Urban Edge Properties , a NYSE REIT, is converting the former Na- tional Wholesale Liquidators' big-box retail site on Rte. 17 in Lodi to warehouse space. “This gateway location with immediate access to NJ’s most direct commercial roadways is now an option for companies looking to tighten operations or locate their “last mile” in ex- actly the right location,” said Tom Consiglio, SIOR prin- cipal of Resource Realty of

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TK Budd Facility Redevelopment Revitalization Call Us When You Need US Gary Brown, L.S.R.P, P.E. 800-725-0593 Walter Hungarter, P.E. 610-265-1510 Justin Lauterbach, Q.E.P. 724-288-4895 Chris Ward, L.S.R.P 856-467-2276 TK Bu d Fac lity Redevelopment Revitalization all s h Gary Brown, L.S.R.P, P.E. 800-725-0593 Walter Hungarter, P.E. 610-265- 510 Justin Lauterbach, Q.E.P. 724-288-4895 Chris Wa d, L.S.R.P 856-467-2276 RTENV@RTENV.COM Call Us When You Need Us! 856-467-2276 Gary Brown, L.S.R.P. Chris Ward, L.S.R.P. Glenn Graham, P.G. RTENV@RTENV.COM

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