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Italian Logistics Firm Expands International Ops with 607K-SF NJ Lease
CBRE arranged a 607,279-square-foot lease at Bridge Point 78, a master-planned, 3.9-million-square-foot industrial complex in Phillipsburg, NJ, near the Northeast Pennsylvania border. Italy-based OMLog, a leading logistics service provider for luxury fashion products, will house its operations in Building 3.
A CBRE team of Jake Terkanian, Mindy Lissner and Vincent Ranalli serve as Bridge Point 78’s leasing agents and represented ownership, Bridge Industrial and PGIM Real Estate. CBRE’s Kevin Dudley represented OMLog.
“Bridge Point 78 offered OMLog the ideal opportunity to expand its international operations in the heart of one of the Northeast’s main industrial distribution hubs,” said Terkanian. “In addition to OMLog, the Class A complex is home to several big-box tenants including UNIQLO and White Claw. With Phase 1 of the development fully leased, we look forward to marketing Phase 2, which includes two additional buildings totaling more than 1.6 million square feet, set to deliver next year.”
- ◦Lease
