Blau & Berg inks lease extension for two-acre Meadowlands truck terminal

May 23, 2024 | Deals, Industrial

By Joshua Burd

A tenant at a two-acre truck terminal property in Carlstadt has extended its lease, in a newly announced deal by The Blau & Berg Co.

According to a news release, the facility on Avenue A has a roughly 7,500-square-foot maintenance and transload facility with six docks and two drive-ins. It’s also minutes from the New Jersey Turnpike at Exit 16W and adjacent to the Meadowlands Sports Complex and routes 17, 46 and 3.

Blau & Berg’s Jason Crimmins, Alessandro (Alex) Conte, Peter Murano and Kenneth Crimmins brokered the deal with the unnamed parties.

“Location was a key variable in the tenant committing to extending the lease on this property,” said Jason Crimmins, the firm’s president. “Well-positioned distribution and truck facilities in this area are still in demand due to the limited amount of (industrial outdoor storage) parcels in the Meadowlands.”

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Joshua Burd

Joshua Burd, an award-winning reporter and editor, has been covering New Jersey commercial real estate for 13 years. Many industry leaders view him as the go-to real estate reporter in the state, a role he is eager to continue as the editor of Real Estate NJ. He is a lifelong New Jersey resident who has spent a decade covering the great Garden State.

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