By Joshua Burd
A rug and home décor retailer has leased 15,000 square feet of industrial space in North Brunswick, in a newly announced deal by RIPCO Real Estate.
According to the brokerage team, Noori Rug will use the space at 501 Finnegans Lane as a warehouse for its growing business. The company, which specializes in products from Pakistan, Afghanistan, India and Turkey, will occupy Unit 3 at the 92,875-square-foot property, which is less than a half-mile from Route 130 and minutes from Route 1.
RIPCO’s Deborah Stone represented the tenant, while Gary Caseletto of Cushman & Wakefield represented ownership.
“This warehouse offered the ideal location for Noori Rug’s expanding business,” said Stone, a managing director with the firm. “With my broad understanding of New Jersey’s retail, office and industrial markets, I found it was important to find a location that offered a warehouse that would allow my client to grow his business and consolidate into a larger space.”
In a news release, RIPCO said the space on Finnegans Lane has 24-foot clear ceiling heights, two loading docks, one drive-in door and modern sprinkler and lighting systems.
