EAST
RUTHERFORD, N.J., June 21,
2024 /PRNewswire/ -- Seagis Property Group
("Seagis") announced that it has fully leased a Northern New Jersey warehouse facility that
was fully renovated in the first quarter of 2024. The property,
located at 13 Manor Road in East
Rutherford, has been owned by Seagis since 2006, and had
previously operated as a manufacturing facility. The single-tenant
building totals 202,490 square feet and features 22' clear
ceilings, 16 docks, 84 car parking spaces, and active rail to the
building. The property is located in the highly sought after
Meadowlands submarket with excellent access to New York City as well as major roadways
including I-95, Route 3, Route 46, and Route 17.
"We are pleased to complete the repositioning of this asset and
welcome our new customer to the building," said Tyler Baker of Seagis Property Group. "We were
able to transform an old, Class B Meadowlands manufacturing
facility, into a modern warehouse facility that is now fully leased
to a local, logistics group with a long-term presence in
New Jersey. Ultimately, this is a
great outcome for the building and our customer."
Seagis is now underway on a 167,000 square foot speculative
warehouse development in the Meadowlands at 200 Hollister Road in
Teterboro NJ. For more information
about this property, please contact Tyler
Baker in the East Rutherford,
NJ office at tbaker@seagisproperty.com.
About Seagis Property Group
Seagis Property Group is a
privately held real estate owner and operator that is focused on
the acquisition and development of industrial properties in global
logistics hubs along the Eastern Seaboard. The company's portfolio
spans 12 million square feet and includes 200 buildings in
New Jersey, New York City, and South Florida. Seagis acquires core, value-add
and development real estate for warehouse/logistics use. The
company, which was founded in 2005 is headquartered in Conshohocken, Pennsylvania with offices in
East Rutherford, NJ, Miami, FL and next to JFK Airport. For more
information, visit www.seagisproperty.com.
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SOURCE Seagis Property Group LP