An online luxury consignment shop has officially added to its footprint in New Jersey, marking the opening of its nearly 500,000-square-foot distribution center in Perth Amboy.
New Jersey industrial landlords have inked a flurry of big-box leases in recent months, Cushman & Wakefield said, driving nearly 9 million square feet of deal volume during the third quarter.
Prologis and an online luxury consignment shop have signed a lease for more than 490,000 square feet in Perth Amboy, following the approval of a 10-year, $38.9 million tax credit package to help the retailer establish a new Northeast fulfillment center.
