200 Linden Logistics Way in Linden — Courtesy: Advance Realty Investors / Greek Real Estate Partners
By Joshua Burd
The developers of the sprawling Linden Logistics Center campus have secured a new tenant, filling more than 233,000 square feet thanks to a deal with a global shipping giant.
According to the firms, Maersk will establish a key ground freight hub at 200 Linden Logistics Way under the lease with Advance Realty Investors, Greek Real Estate Partners and PGIM Real Estate. The new facility will support a significant expansion of the business unit, enabling reliable, high-volume full truckload and less-than-truckload distribution across major U.S. markets, seamlessly connecting warehouse and inland delivery networks from a location just east of the New Jersey Turnpike and minutes from Port Newark-Elizabeth.
CBRE’s Thomas F. Monahan and Larry Schiffenhaus represented ownership in the 233,492-square-foot lease. JLL’s Jon Gorczyca and Gary Politi represented Maersk.
“The leasing momentum at 200 Linden reflects the strength of the location and the continued demand for best-in-class facilities,” said Alexander Cocoziello, principal and chief investment officer of Advance Realty Investors. “Linden Logistics Center has benefited as the market increasingly prioritizes newly constructed facilities that offer superior infrastructure, higher clear heights and modern logistics capabilities to support evolving supply chains.”
According to a news release, 200 Linden Logistics Way spans 515,600 square feet and is one of seven buildings at the 4.1 million-square-foot campus. The building has 40-foot clear ceiling heights, 42 loading docks, 39 trailer parking spaces and modern distribution infrastructure designed to support Maersk’s high-volume, time-sensitive ground freight operations.
Additional plans include a built-to-suit, 6,000-square-foot main office, along with a dedicated shipping office and locker room designed to support Maersk’s logistics workforce and operational needs, the news release said. Greek Design | Build will complete the tenant improvements, including the office build-out and associated operational space.
“Securing Maersk’s Ground Freight hub at 200 Linden underscores the continued demand for modern, strategically located logistics space across northern New Jersey,” said Alex Motiuk, director of acquisitions at GREP. “With close proximity to the Port of New York and New Jersey and major regional transportation routes, Linden Logistics Center enables global logistics operators to efficiently move goods throughout the region.”
The complex is now 91 percent leased after a high-profile redevelopment that cleaned up and transformed a highly contaminated former manufacturing site. That includes a growing roster of major logistics users drawn to the property’s easy access to Port Newark-Elizabeth, Newark Liberty International Airport and major regional transportation corridors, including the Turnpike, Route 1 & 9 and Interstate 278, enabling efficient import, export and last-mile distribution throughout the U.S. Northeast.
Advance, Greek lease 165,000 sq. ft. to 3PL firm in latest deal at Linden Logistics Center
