Mid Atlantic Real Estate Journal — New Jersey — April 13 - 26, 2012 — 19A
www.marejournal.com
N EW J ERSEY
ONROE TOWN- SHIP, NJ — Matrix Development Group, Negotiates with Shalit & D’Agostino of Lance Bram Commercial Brokerage Matrix Development Group announces 280,000 s/f of leasing activity at exit 8A facilities M
also provide close proximity to the major freight-moving roadways in the Northeast, with direct routes to New York City, Port Elizabeth and Newark Airport. The 229,524 s/f state-of-the- art warehouse/distribution facility at 5 FitzgeraldAvenue was constructed in 2004 and provides 36-foot clear height, plentiful dock doors and ve- hicle parking, and an ESFR fire suppression system. In total, CenterPoint at 8A features more than six million s/f of light industrial, office, research and corporate head- quarters space. Other tenants at the 500-plus-acre master-
planned complex include As- sociated Press, Sony, Lenox, Playmobil, Volkswagen, W Grainger, Petco Pet Supplies, US Postal Distribution Center, Villeroy and Boch Fine China, Storehouse Stores, Mitsubishi Electronics, and Lenox, among others. The 17 South Middlesex Avenue site is a 205,187 s/f warehouse building that in- cludes a 30 ft. clear height, plentiful door positions and trailer parking. Matrix nego- tiated with Lance Shalit and Joe D’Agostino of Lance Bram Commercial Brokerage, who represented Priority Post in the transaction. ■
announced significant leasing activity at properties the com- pany owns in the sought-after Exit 8A submarket in Monroe Township. Matrix signed a 239,000 s/f expansion lease with TYC/ Genera Corp. at 5 Fitzgerald Avenue within CenterPoint at 8A. The North American distribution arm of TYC brand auto parts extended its lease and took an additional 77,000 s/f to occupy the entire building as part of the transaction. In addition, Priority Post, a subsidiary of the Swiss Postal Service that provides interna- tional mailing services for the wholesale industry, recently signed a new lease for 40,000 s/f of space at 17 SouthMiddle- sex Avenue. “Exit 8A is one of the coun- try’s most dynamic distribu- tion hubs, affording tenants numerous benefits in being in a central location near to major roadways and ports to efficiently reach their cus- tomer bases,” stated James R. Murray, Vice President – Industrial Portfolio, Matrix Development. “Genera and Priority Post both depend on being able to deliver goods and services in a timely and efficient manner, and these leases reflect the advantages of Exit 8A in supporting the Colliers Int’l. arranges 52,723 s/f lease for law firm WOODBRIDGE, NJ — Colliers International New Jersey has arranged a 52,723 s/f lease on behalf of law firm Greenbaum Rowe Smith & Davis LLP at Corporate Metro Center, located at 99 WoodAvenue South inWood- bridge. The Corporate Metro Cen- ter is a 267,344 s/f foot Class Aoffice building in close prox- imity to the Garden State Parkway, the MetroPark Train Station and walking distance to the Woodbridge Hilton. Other tenants in the build- ing include Ernst & Young and Raymond James Finan- cial. Ed Duenas, of Cushman & Wakefield, represented the landlord, Cornerstone Real Estate Advisors, in the transaction. ■
5 Fitzgerald Avenue
business objectives of the region’s distributors.” Both 5 Fitzgerald Avenue and 17 South Middlesex Av- enue are located minutes from
the New Jersey Turnpike, making the New York/Phila- delphia and Boston/Washing- ton transportation corridor easily accessible. The locations
157-B Bridgeton Pike- Suite 196 Mullica Hill, NJ 08062 Call Toll Free: 1-877-FIX-ASPHALT (1-877-349-2774) Fax Toll Free: 1-888-812-4058 Serving NJ, PA, DE, MD
Made with FlippingBook flipbook maker