A flooring distributor is more than doubling its footprint at an 80,000-square-foot industrial building in Carlstadt, landlord Key Properties LLC announced Thursday.
Following an environmental cleanup, a lengthy entitlement process and several hurdles along the way, Key Properties has marked the completion of a 107,000-square-foot shopping center known as Hanover Crossroads. The complex at 110 East Hanover Ave. became fully leased within 15 months of breaking ground — anchored by major tenants such as T.J.Maxx, HomeGoods, QuickChek and AutoZone — as other new retail projects have taken shape nearby.
A third generation has joined the leadership team at Key Properties LLC, a Teaneck-based developer and real estate management firm.
A distributor of high-end wigs and other hair pieces will relocate to the Meadowlands from South Carolina after leasing 11,300 square feet in Carlstadt, the building owner said Monday.