By Joshua Burd
A third-party logistics provider has renewed its 135,000-square-foot lease at a Piscataway industrial complex, an executive with Levin Management Corp. said Monday.
The real estate services firm, which manages the five-building, 535,000-square-foot complex known as the Rutgers Industrial Center, announced the renewal by Hall’s Warehouse Corp. at 120 Circle Drive North. The deal allows the locally based warehousing and distribution company to maintain its location near Interstate 287, where it has been a tenant since 2003.
Brian E. Dudzinski of Atlantic Real Estate Services represented the tenant in its renewal.
“We have enjoyed a long relationship with Hall’s Warehouse Corp. and are pleased to retain such a high-quality tenant,” said Robert Carson, LMC’s president. “The industrial/warehouse sector is performing extremely well, and this lease renewal demonstrates sustained demand for quality space in northern and central New Jersey. We continually receive inquiries about Rutgers Industrial Center from prospective tenants, due largely to this property’s prime location and highway accessibility.”
Rutgers Industrial Center is five miles from Exit 10 of the New Jersey Turnpike, with proximity to commuter rail service, Newark Liberty International Airport and Port Newark-Elizabeth.
“Our landlord-focused approach always has been the key to our clients’ progress, and it is proving even more valuable as the rise in e-commerce retailing and logistics transforms the industrial real estate landscape,” Carson added.
