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NAIDB Tapped to Lease New Brunswick IOS Facility
NAI DiLeo-Bram (NAIDB) has been named leasing agent for 107 How Ln., a 6.5-acre, 38,000-square-foot industrial outdoor storage property in New Brunswick, NJ. The team of managing director/principal Chris Galiano, SIOR, and associate VPs Kyle Gerace and Robert V. DiLeo has the assignment.
The leasing assignment follows Gerace’s involvement in arranging for the off-market $19.5-million sale of 107 How Lane by an unnamed private owner to buyer Ridgecut Road. The warehouse/logistics property is centrally situated within Central Jersey’s industrial corridor and marks the sixth New Jersey property acquisition for Ridgecut.
Poised for repositioning, 107 How Ln. offers a versatile range of industrial spaces, according to NAIDB. The property features a 10,300-square-foot terminal facility with 12-foot ceilings and 23 dock doors, a 19,500-square-foot single-story warehouse with 14- to 24-foot ceilings and seven grade doors and an 8,000-square-foot maintenance facility with 14-foot clear ceilings and 13 grade doors.
- ◦Lease