25 Colony Road in Jersey City — Courtesy: Colliers International
By Joshua Burd
An online furniture and home décor seller has more than doubled its footprint in New Jersey, leasing 341,000 square feet at a Jersey City industrial building.
Brokers with Colliers International announced Thursday that the company, Article, had signed a full-building lease at 25 Colony Road. The Vancouver-based e-commerce company is relocating from a 143,000-square-foot facility in Elizabeth after just two years.
Colliers’ Mike Markey, Jon Tesser and Troy Skibitsky, who are based in the firm’s Woodbridge office, joined Andrew Lord, who is based in Vancouver, in representing Article.
“We selected the Jersey City facility to more than double our previous warehouse capacity and help us accommodate demand from our growing customer base,” said Aamir Baig, co-founder, director and CEO of Article. “Its location will enable us to quickly serve the catchment of New Jersey and New York based customers and beyond.”
The same Colliers team also brokered Article’s commitment in Elizabeth in 2016. Founded in 2011, the company delivers modern furniture direct to the consumer at affordable prices.
“Article was just named the fastest-growing company in Canada, and its rapid expansion here in New Jersey illustrates its pace of progress,” Markey said. “The freestanding building at 25 Colony Road accommodates its immediate and pipeline space needs while providing outstanding accessibility to the Port Newark-Elizabeth.”
