Linden Logistics Center Signs First Major Lease
The first major lease has been signed at Linden Logistics Center in Linden, NJ. World Distribution Services will occupy 480,844 square feet for its Northeast distribution center at Building E in phase 1 of the project, being developed byAdvance Realty Investors, Greek Development and PGIM Real Estate.
CBRE’s Mindy Lissner, William Waxman and Kevin Dudley spearhead the leasing campaign at Linden Logistics Center and represented ownership in leasing negotiations. Their colleagues Jon Casella and David Gheriani acted on behalf of World Distribution Services.
“The quality of Linden Logistic Center speaks for itself and was the key reason for World Distribution Services’ decision to be the first major tenant at the complex,” said Lissner. “This deal also demonstrates the dominance of New Jersey’s industrial market where Class A logistics space is in short supply. As a result, a distribution facility like Linden won’t stay on the market for very long.”