1-23 Tompkins Point Road in Newark — Courtesy: Bussel Realty Corp.
By Joshua Burd
A logistics company has leased 1.42 acres of industrial outdoor storage space just north of Newark Liberty International Airport, brokers with Bussel Realty Corp. announced Tuesday.
Container World Corp., which supports the alcoholic beverage and hospitality industries, will occupy the site at 1-23 Tompkins Point Road under a deal with landlord Axis IOS, according to a news release. BRC Director of Asset Services Matthew Phillips and Senior Vice President Anthony Rittwager represented the tenant, while Cushman & Wakefield represented the landlord.
“Our team’s ability to identify strategic locations for heavy industrial use was key in securing the 1.42-acre site at 1-23 Tompkins Point Road in Newark, New Jersey, for Container World Corp.,” Phillips said. “The site’s proximity to Port Newark made it an ideal choice for drayage operations, ensuring efficient transport and logistics for our client.
“By understanding the unique demands of port-related activities, we were able to deliver a solution that aligns perfectly with our client’s operational needs, reinforcing our commitment to meeting critical deadlines.”
