10 Evans St. in Fairfield — Courtesy: CBRE
By Joshua Burd
Luxury countertop maker Caesarstone has leased more than 35,000 square feet of newly built industrial space in Fairfield, in a deal arranged by CBRE.
The developer, Stalwart Equities, will welcome the tenant to 10 Evans St. after delivering a facility with 36-foot clear ceiling heights and 46 parking spaces, as well as several loading docks, according to a news release. The space will provide Caesarstone — a publicly traded company that produces quartz surfaces used for kitchen countertops, vanity tops, flooring, wall cladding and general interior design — a location with quick access to Route 46 and other corridors.
“Caesarstone is widely recognized as one of the top producers of high-quality granite and quartz surfaces for the home and required warehouse space in close proximity to its many clients in the Northeast,” CBRE’s Kate Granahan said. “Caesarstone’s real estate requirements were met by the newly developed, single-tenant facility located at 10 Evans Street.”
Granahan and fellow CBRE brokers Nicholas Klacik and Sean Dodd represented the tenant in the full-building, 35,235-square-foot deal, while the firm’s Kevin Dudley and Chad Hillyer represented ownership.
“This single-tenant new construction availability was a unique find in the current market which has seen minimal Class A development of this size and quality,” Hillyer said. “This opportunity is a testament to the value Stalwart created by developing a best-in-class asset in northern New Jersey.”
CBRE noted that 10 Evans is also minutes from interstates 80 and 280.
“We are thrilled to have worked with CBRE on this transaction and welcome Caesarstone to 10 Evans Street,” said Samuel Wachsman, founder and president at Stalwart Equities. “Stalwart continues to remain extremely bullish on the New Jersey industrial market.”
