Federal Business Centers, 3PL firm ink 158,000 sq. ft. lease in Edison’s Raritan Center

Oct 28, 2024 | Deals, Industrial

400 Clearview Road in Edison — Courtesy: Bussel Realty Corp.

By Joshua Burd

Federal Business Centers has leased more than 158,000 square feet of industrial space in Edison to a third-party logistics firm, brokers with Bussel Realty Corp. announced Monday.

BRC Vice President David Paster and Senior Vice President David Blitt represented the tenant, Packaging & Distribution Resources, in the full-building commitment at 400 Clearview Road. They noted that the 158,006-square-foot facility in the historic Raritan Center Business Park has 3,471 square feet of office space, 24-foot clear ceiling heights, 22 loading doors, LED lighting and 100 surface parking spaces.

Packaging & Distribution Resources, which was founded in 2003, will also benefit from the park’s quick access to the New Jersey Turnpike, the Garden State Parkway and routes 1, 9, 35 and 440, as well as the Outerbridge Crossing to Staten Island.

“It was a pleasure to represent Packaging & Distribution Resources and work with Stacey Weinberg, director of leasing and acquisitions at Federal Business Centers, in getting this deal to closure,” Paster said. “Raritan Center Business Park is one of the finest industrial parks in the U.S. with proximity to all major highways. Federal Business Centers is a premier landlord with a reputation for maintaining its portfolio to the highest of standards and providing best-in-class services to its tenants.”

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Joshua Burd

Joshua Burd, an award-winning reporter and editor, has been covering New Jersey commercial real estate for 13 years. Many industry leaders view him as the go-to real estate reporter in the state, a role he is eager to continue as the editor of Real Estate NJ. He is a lifelong New Jersey resident who has spent a decade covering the great Garden State.

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