27 Haynes Ave. in Newark — Courtesy: The Blau & Berg Co.
By Joshua Burd
A parking lot operator has leased nearly five acres adjacent to Newark Liberty International Airport, in a newly announced deal by The Blau & Berg Co.
Brokers with the firm represented both parties in the transaction at 27 Haynes Ave. just off Route 1&9, according to a news release. They noted that the site, which ARB Parking is leasing from Fidelco Realty Group, provides secure parking with modern surveillance and will support a business that offers 24-hour, 365-day reserve-ahead or drive-up parking at multiple major U.S. airports.
Blau & Berg’s Alex Conte, Jason Crimmins and Peter Murano represented the landlord, while the firm’s Laura Crimmins represented the tenant.
“We are excited for ARB, who is expanding its New Jersey footprint on this 4.5-acre (industrial outdoor storage) prime airport parking location off Haynes Avenue,” said Jason Crimmins, president of Blau & Berg. “Its continued growth is a testament to its effectual operation and management. They will make an excellent addition to the Fidelco portfolio.”