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.
DSV Global Transport Commits to 355K SF with Crow Holdings in Carteret
The world’s third-largest transport and logistics company has signed a full-building, 355,000-square-foot commitment at Crow Holdings at Carteret in Carteret, NJ. DSV Global Transport and Logistics leased 300 Salt Meadow Rd., becoming the second occupant at Crow Holdings Development’s new, 1.2 million-square-foot industrial campus near NJ Turnpike Exit 12.
Cushman & Wakefield’s Jules Nissim, Stan Danzig and Kimberly Bach negotiated the transaction as exclusive leasing agents for Crow Holdings at Carteret. Cushman & Wakefield’s Mindy Lissner served as tenant representative.
Headquartered in Denmark with more than 1,600 offices and logistics facilities worldwide, DSV will serve a name-brand client from its Carteret location. Plans call for the expansion of the building’s existing office space and specialized fit-outs, to include 100,000 square feet of cooler capacity.
With the DSV lease, Crow Holdings at Carteret is approaching the 50% occupancy mark. Cushman & Wakefield is marketing one remaining full-building opportunity of 479,700 square feet, along with a 146,400-square-foot, partial-building space.
- ◦Lease
