1805 Lower Road in Linden — Courtesy: McBride Corporate Real Estate
(Editor’s note: This story was updated Friday, Feb. 23, with additional information from Bussel Realty Group, which represented ownership in the lease with J. Del Corona & Scardigli USA Inc.)
By Joshua Burd
A freight forwarding and logistics firm has leased 50,000 square feet at a warehouse just off Route 1&9 in Linden, brokers with McBride Corporate Real Estate announced.
The operator, J. Del Corona & Scardigli USA Inc., will occupy half of the building at 1805 Lower Road, benefiting from a location that’s minutes from Port Newark-Elizabeth. Its new space will also provide 30-foot ceiling heights and ample truck loading facilities.
McBride Executive Vice President John D’Amato and Senior Vice President James McNerney represented the tenant. Bussel Realty Corp. Senior Vice President Jordan Metz, Senior Associate Benito Abbate and Sales Associate James Friel represented the landlord, Linden Warehouse & Distribution.
“We appreciate our longstanding relationship with ownership and always strive to deliver strong market results on their properties,” Metz said. “We are excited to welcome a quality tenant like DCS into the portfolio at 1805 Lower Road and look forward to seeing them thrive in the space. We had significant interest from tenants attracted to the Class A modern features and unparalleled location that 1805 Lower Road affords to a wide variety of users.
“With vacancy rates hovering near 3.5 percent for industrial units 50,000 square feet or smaller in size, buildings in a port-proximate and consumer-centric location such as 1805 Lower Road are well-positioned to capture current demand.”
