1605 Calhoun St. in Ewing — Courtesy: NAI Fennelly
By Joshua Burd
A technology-based parking lot operator has leased two acres of industrial land in Mercer County, under a newly announced deal by NAI Fennelly.
In a news release, the brokerage team said the property at 1605 Calhoun St. in Ewing will be the latest addition to ParkMyFleet’s fast-growing footprint in the U.S. It will use the space for a business that provides fleet solutions services to companies including vehicle transport, reconditioning services, inventory management, title and registration, sale preparation and vehicle maintenance services, all with a proprietary technology.
NAI Fennelly’s Jerry Fennelly and Matt Fennelly represented the property owner in the deal with the New York City-based company.
“With the increases in the size and complexity of commercial vehicle fleets, the need for parking and service areas within dense urban cores increases by the day,” Jerry Fennelly said. “By tapping into the demand for parking facilities, we were able to help our client attract a growing national tenant to their property and capitalize on the strong demand for parking across New Jersey.”
Fennelly said ParkMyFleet, whose footprint spans thousands of acres, was drawn to 1605 Calhoun St. due to its location less than a mile from Route 1 and its easy access to the Trenton Transit Center and Trenton Mercer Airport, along with Route 29, the New Jersey Turnpike and interstates 195 and 295. The site will allow the company to expand its on-the-ground presence in the Trenton and Philadelphia markets.
