1065 Cranbury South River Road in South Brunswick — file photo
By Joshua Burd
A storage and moving services provider is slated for a late summer move-in at a new 450,000-square-foot distribution center in South Brunswick, following a deal arranged by Cushman & Wakefield.
Brokers with the real estate services firm on Tuesday announced the commitment by Clutter at 1065 Cranbury South River Road, which is being developed by IDI Logistics. The company signed the full-building lease at the speculative project earlier this year.
Andrew Stypa and Daniel Badenhausen of C&W’s Iselin office represented the tenant, a Los Angeles-based startup, and have also represented the company over the past two years in leases in northern and southern California and Seattle. C&W’s Jason Goldman, Andrew Siemsen and Marc Petrella, also based in Iselin, represented the landlord.
“The storage industry generates a reported $38 billion in annual revenue, and within this sector, Clutter is carving a distinctive niche from a service perspective,” Stypa said, adding that the company quickly outgrew its first East Coast facility, which it leased two years ago in North Bergen.
Stypa said 1065 Cranbury South River Road will accommodate Clutter’s existing regional needs while allowing for additional in-place growth. Founded in 2015, the company is a full-service storage company that packs, picks up, stores and then brings back customers’ belongings on-demand.
Clutter also offers traditional moving services, currently operating in seven major cities, including Los Angeles, New York, San Francisco and Chicago.
“We are excited about the Clutter story, and we’re thrilled to be part of their growth in the New York/New Jersey market,” said Doug Armbruster, senior vice president and regional director with IDI Logistics. “A full-building lease to Clutter prior to construction completion speaks to the quality of our product and the strength of the New York/New Jersey market.”