125 Theodore Conrad Drive in Jersey City — Courtesy: Goodman Group
By Joshua Burd
Goodman Group has completed its teardown of the former New York Daily News printing facility in Jersey City, where it plans to build more than 427,000 square feet of new industrial space that it says can support a range of user types.
The developer last week said it has also secured planning board approval for the proposed two-building development at 125 Theodore Conrad Drive. That puts it on a path to begin construction and deliver the project by late 2026, the firm said, noting that it’s offering build-to-suit opportunities for a limited time for uses including advanced manufacturing, logistics, food and beverage, cold storage and operations requiring intensive automation or robotics.
CBRE’s Kevin Dudley, Chad Hillyer, Nicholas Klacik and Kate Granahan are spearheading leasing for the 427,130-square-foot complex, which would occupy 17 acres adjacent to Liberty State Park.
“Goodman Logistics Center Jersey City will set a new benchmark for high-productivity logistics space in one of the most supply-constrained markets in the U.S.,” said Anthony Rozic, CEO of Goodman North America. “Revitalizing this iconic site enables us to deliver modern infrastructure that supports the evolving needs of our customers.”
In a news release, the developer said the facilities can provide high-power supply, ample ceiling heights, floor capacity for heavy equipment and generous trailer parking. The site also has direct access to Interstate 78, providing a quick route to the New Jersey Turnpike, the Holland Tunnel and Port Newark-Elizabeth and connectivity to 14 million residents within a one-hour drive time.
