2 Terminal Road in Lyndhurst — Courtesy: Woodmont Industrial Partners
By Joshua Burd
Woodmont Industrial Partners has secured a tenant for more than 30,000 square feet at a newly updated industrial property in the Meadowlands.
The tenant, Nemo Tile LLC, will occupy the full building at 2 Terminal Road in Lyndhurst, in a deal that comes six months after Woodmont completed its multimillion-dollar improvement of the warehouse and distribution facility. That work included a new roof and front entrance, motion-sensor LED lighting, painting of the building’s interior and exterior, new paving and landscaping, 1,800 square feet of new office space and additional loading doors, as the firm sought to capitalize on its location at the intersection of routes 3 and 17.
Michael Schaible and Troy Wisse of Lee & Associates – WBE represented ownership in the 30,046-square-foot lease, which has a 65-month term. Newmark’s Dan Reider and Jack Barclay represented the tenant.
“The successful lease-up of 2 Terminal Road illustrates Woodmont’s expertise in delivering exceptional facilities tailored to meet tenants’ needs,” said Anthony Amadeo, executive vice president of Woodmont. “Its prime location, with unparalleled access to New York City, the region’s ports, major highways and a skilled local workforce, reinforces the Meadowlands as a dominant force in New Jersey’s industrial market. As demand in the area continues to grow, we remain committed to providing high-quality facilities that elevate the region’s industrial landscape.”
Founded in 1921, Nemo Tile provides stone and tile products for clients across the residential, retail, hospitality, health care and commercial real estate sectors, according to a news release. Its new facility — which has seven truck parking spots, climate control and 18-foot clear ceiling heights — will serve as an office and warehouse for natural stone and porcelain slabs, expanding the company’s current footprint beyond showrooms in Massachusetts, New Jersey, New York and Pennsylvania.
Woodmont acquires 30,000 sq. ft. Lyndhurst industrial building
