1 Entin Road in Clifton — Courtesy: NAI James E. Hanson
By Joshua Burd
A warehousing and distribution firm will occupy a recently upgraded industrial space in Clifton, following a 22,220-square-foot lease arranged by NAI James E. Hanson.
The real estate services firm represented the landlord, PFPM LLC, in the lease to Delaware Freeport. The tenant’s new home is located within a 68,759-square-foot building off Route 21, just north of Route 3 West.
NAI Hanson’s Eric Demmers, Russell Verducci, Darren Lizzack and Randy Horning completed the assignment for the Hackensack-based firm.
Delaware Freeport will use the space to warehouse and distribute products to the New York metropolitan area, NAI Hanson said in a news release. The space was recently renovated and has 14-foot ceiling heights, two tailgates, two drive-ins and 22 parking spaces.
“Smaller, well-located industrial spaces like this one, although not as flashy as the larger mega warehouses proliferating across the state, continue to drive the leasing velocity of the northern New Jersey market,” Demmers said in a prepared statement. “Due to limited supply and heightened demand, a highly competitive leasing market has developed over the past several quarters for industrial space of all sizes.”
“Our team’s experience and market knowledge has enabled us to work with tenants and landlords throughout the market to navigate this fast moving and competitive market to secure the best deals on behalf of our clients.”
