New York & Tri-State CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Crow Holdings Signs First Tenant in Carteret
Crow Holdings Development signed Weida Freight System, Inc. (WFS) as the first tenant at the Crow Holdings at Carteret campus. The 188,000-square-foot, long-term transaction at 400 Salt Meadow Rd. In Carteret, NJ marks an expansion of the third-party logistics provider’s U.S. operations.
Cushman & Wakefield’s Jules Nissim, Stan Danzig and Kimberly Bach negotiated the lease as exclusive leasing agents for Crow Holdings at Carteret; Avison Young’s Jimo Liu represented WFS.
“Crow Holdings at Carteret provides the closest Turnpike interchange access of any new industrial product built within the past 10 years, and this factor alone is driving strong interest from a variety of users – inquiries have been increasing steadily this summer and into fall,” Nissim said. “Add to that its position just 13 miles from the Port Newark-Elizabeth Marine Terminal, a tuned-in developer and business-friendly municipality, and it truly is a distinctive opportunity.”
- ◦Lease
