September 2024

30 — September 2024 — Northern New Jersey — M id A tlantic Real Estate Journal

www.marej.com

N orthern N ew J ersey Largest redevelopment of its kind in the New York Metro Area, Lincoln Logistics Bayonne Lincoln Equities Group unveils Bayonne distribution hub, 332,000 + s/f B AYONNE, NJ — Lin- coln Equities Group , one of the region’s

leading owners, managers, and developers of commercial real estate, recently unveiled its new speculative industrial development, Lincoln Logis - tics Bayonne. Located at 101 Port Lincoln Road in Bayonne, the state-of-the-art property is just five miles from Manhat - tan and easily connects to the entire East Coast Corridor. The building features 40’ clear heights, 66 dock doors, and 90,720 s/f – 332,640 s/f of avail - able space.

Lincoln Logistics Bayonne

“Lincoln Logistics Bayonne represents a pivotal addi - tion to our logistics portfolio,

reflecting our commitment to meeting the evolving needs of the supply chain industry,”

said Joel Bergstein , execu - tive chairman at Lincoln Equi - ties Group. “Our investment

in this site underscores our dedication to providing top-tier logistics solutions that drive ef - ficiency and support our clients’ growth. We are proud to deliver a state-of-the-art facility that enhances operational capa - bilities and strengthens our position in the logistics sector.” The Port of NY/NJ serves one of the most concentrated and affluent consumer mar - kets in the world, being the largest port on the East Coast and the third largest in the na- tion by volume. Ideally suited for e-commerce and same-day delivery providers, Lincoln Logistics Bayonne offers un - precedented ease of access to the NJ Turnpike (Exit 14A), I-78, Route 440, Routes 1&9, and Newark Liberty Interna - tional Airport, which is only nine miles away. The space is situated just 800 feet from the Global Con - tainer Marine Terminal in Bayonne, offering direct mari - time access to the Hudson River and Newark Bay via the Kill Van Kull. To support to growing demand for park - ing near the terminal, the site offers five acres of parking. “Lincoln Logistics Bayonne is a standout asset in the logistics market, perfectly positioned to capitalize on the critical demand for well- located, high-quality distribu - tion centers.” said Thomas Monahan , vice chairman of CBRE , the exclusive leasing agent this property. “Our goal is to attract end users that will benefit from and enhance the facility’s advanced fea - tures and strategic location. This will include large-scale distribution and e-commerce companies, as well as manu - facturers and third-party logistics providers.” Notably, next door is an ad - ditional property by Lincoln Equities Group, an 886,000 s/f UPS regional hub and package distribution center. MAREJ

For more than five decades, Marcus & Millichap has been entrusted to deliver exceptional client results. Regardless of market fluctuations, our team's drive and expertise consistently set the standard in successfully closing deals. Jim McGuckin Vice President/Regional Manager O: (201) 742-6150 | E: Jim.McGuckin@marcusmillichap.com License: NJ: 2082114 The Tenacity to Move you Forward

#1 in North America CRE Investment Brokerage

7,546 Transactions Closed in 2023

$43.6 Billion Recently Closed Transactions

MarcusMillichap.com Investment Sales » Financing » Research » Advisory Services » Auctions & Loan Sales NYSE: MMI

Made with FlippingBook flipbook maker