A new warehouse development at 891 Newark Ave. in Elizabeth will include buildings of 103,912 and 196,087 square feet, with substantial completion slated for the second quarter of this year. — Courtesy: The Blau & Berg Co.
By Joshua Burd
Nearly 300,000 square feet of new industrial space is coming to Elizabeth as part of a two-building project by Brookfield Properties, Elberon Development Group and DH Property Holdings.
The firms, which are marketing the site alongside brokers with The Blau & Berg Co., say the facilities at 891 Newark Ave. are slated for substantial completion as soon as next month. Plans call for buildings of 103,912 and 196,087 square feet, which will bring an infusion of modern warehouse and distribution space to one of the state’s tightest submarkets.
The developers and their leasing team noted that the Elizabeth Metropolitan Logistics Center, which is rising on a 19.75-acre site, is minutes from Newark Liberty International Airport and Port Newark-Elizabeth.
“We’re thrilled to join the Elizabeth community and develop the Elizabeth Metropolitan Logistics Center,” said Keith Edwards, a senior vice president at Brookfield. “This project will provide much-needed logistics space to support regional supply chains. We’re excited to be a part of the city and state’s economic growth benefitting.”
According to the project’s marketing materials, both buildings will have 40-foot clear ceiling heights and a 185-foot truck court. The larger facility will have 37 loading docks and parking for 111 cars and 56 trailers, while building two will have 16 loading docks, 63 car spaces and 28 trailer stalls.
The latter is divisible by 50,000 square feet, Blau & Berg added. Users, meantime, will be two miles from the New Jersey Turnpike and three miles from Port Newark-Elizabeth, with access to a population of more than 700,000 and a labor force of nearly 570,000 within a five-mile radius.
The Blau & Berg leasing team includes Jason Crimmins, Alessandro (Alex) Conte and Peter Murano Jr.
“The Elizabeth Metropolitan Logistics Center will suit the needs of any logistics company looking for connectivity to over 100 million daily consumers, with proximity to the New Jersey and New York Port regions, as well as Newark Liberty International Airport and all the critical highways connecting the Northeast corridor,” said Crimmins, Blau & Berg’s president. “Both buildings are registered with the U.S. Green Building Council to become LEED-certified.”