175 Anderson Ave. in Moonachie — Courtesy: NAI James E. Hanson
By Joshua Burd
A clothing wholesaler is relocating within Bergen County to a new warehouse and distribution center, under a newly completed lease by NAI James E. Hanson.
Brokers with the firm represented 175 Anderson LLC, the landlord at 175 Anderson Ave. in Moonachie, in the 25,526-square-foot lease with Cactus Clothing Co. The tenants will occupy the entire building as part of its move from Carlstadt.
NAI Hanson’s Jeff DeMagistris and Tom Vetter completed the transaction. The same team also brokered the recent sale of the property to its current owner.
“With proximity to the Port remaining a top priority for companies looking for easy access to national and international distribution channels, well-located industrial assets such as 175 Anderson Avenue continue to be hot commodities in the industrial market,” Vetter said. “Leveraging our expertise with industrial assets and local market knowledge, we were able to help secure a quality tenant on behalf of the landlord.”
Sitting on a one-acre lot, with 18-foot ceilings and five loading docks, 175 Anderson Ave. is now slated to undergo a series of upgrades, NAI Hanson said. For instance, its new owner plans to renovate the 2,500 square feet of dedicated office space and install a new warehouse high bay LED lighting system.
Cactus Clothing will use the property for warehousing and distribution of garments, taking advantage of the prime location, ample parking and loading capabilities, NAI Hanson said.
