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Duke Launches Work on Northern NJ’s Largest New Spec Build
Construction is underway on Duke Realty’s 661,741-square-foot bulk warehouse at 429 Delancy St. in Newark. The building, said to be the largest under-construction speculative bulk warehouse in Northern New Jersey, is slated for delivery in the fourth quarter.
“Demand for industrial space in northern New Jersey remains high, resulting in rapidly dwindling availability for companies looking for bulk Class A facilities in this premier distribution market,” said Duke Realty’s Ben Rosen. “Our new building will offer tenants a truly unique opportunity to lease a modern bulk distribution facility with unparalleled access to New York City, Port Newark/Elizabeth, Newark Airport and New Jersey’s most important arterial highways.”
The new build will be a 20-minute drive from New York, and 10 minutes from the East Coast’s largest port, with immediate access to the New Jersey Turnpike, I-78, Routes 1 and 9 and Newark International Airport.
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