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Modell’s Will House Logistics at Matrix’s Bordentown Facility
Modell’s Sporting Goods has leased 312,373 square feet at Matrix Development Group’s 201 Old York Rd. in Bordentown, NJ. The sporting goods retailer, with locations throughout the Northeast, will house its logistics and distribution operations at the newly-built facility.
A CBRE team of Bill Waxman, Mindy Lissner and Steven Beyda worked with Brett Weinblatt of Compass Commercial in representing Modell’s in the search and lease negotiations. CBRE’s Paul Touhey, Dan McGovern and Jake Terkanian also assisted in the space search.
“The transaction involved an exhaustive search throughout New Jersey, lower New York and Eastern Pennsylvania,” said Waxman. “The building is a brand-new distribution facility that boasts the types of amenities that will allow Modell’s to improve its supply chain operations, deliver merchandise to the stores more efficiently, enhance its growing e-commerce business and position the company for future growth and exceptional service.”
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