1500 Blair Road (SOLD)

A 156,000 square foot Class-A warehouse/distribution facility inA 156,000 square foot Class-A warehouse/distribution facility in Carteret, New Jersey. Project is planned for a 6 acre parcel of land that will be ground leased for a term of 50 years with two renewal options consisting of 20 & 25 years each. Investment provides an opportunity to develop property into a Class-A industrial property in a market where new industrial product is limited.