141 Ethel Road West in Piscataway — Courtesy: Denholtz Associates
By Joshua Burd
A food manufacturer has relocated to a Piscataway industrial building as part of a newly announced, 20,300-square-foot lease with Denholtz Associates.
The development, investment and management firm on Thursday touted the deal with CLIO LLC, which has taken the space at 141 Ethel Road West. The tenant will use the facility, part of the Piscataway Corporate Center, to manufacture and distribute its chocolate-dipped Greek yogurt bars through online channels and through several well-known retailers.
Jaime Zimmel of Zimmel Associates represented Denholtz in the transaction.
“Our ownership of small-bay industrial assets in some of New Jersey’s most in-demand markets allows us to provide homes for small and medium sized businesses looking for modern and accessible industrial spaces,” said Kristine B. Hurlbut, senior vice president of leasing at Denholtz. “As the industrial market continues to tighten in northern and central New Jersey, these spaces are vital to the backbone of our state’s economy, providing them with the space they need to efficiently operate and grow their businesses.”
Previously based in Roselle, CLIO sells its products online and in places such as Harris Teeter, Market Basket, ShopRite, Whole Foods Market and Walmart. It will occupy nearly a third of the Piscataway Corporate Center, a 65,000-square-foot, two-building complex near Route 1, Interstate 287 and NJ Transit’s Edison station.
The buildings boasts 22-foot ceiling heights, energy-efficient HVAC systems and ample parking, Denholtz said in a news release.
“As we look to continue to grow our business, our team was highly selective in finding a home that provided us with a flexible layout and modern features” said Sergey Konchakovskiy, CEO of CLIO Snacks. “We were able to find that ideal combination at 141 Ethel Road West and we look forward to joining the diverse range of businesses that currently call the location home.”