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.
Paragon Packaging Inks 192K-SF Inaugural Lease at NJ Logistics Park
Paragon Packaging has signed a 192,111-square-foot lease at Central 9 Logistics Park in Old Bridge, New Jersey. Paragon will occupy Building 2, set to become their new headquarters by the second quarter of 2024, marking the park’s inaugural lease.
The park, an industrial park designed for e-commerce, warehouse and distribution, is divided into three phases, aiming for full completion in 2024. The building features 40′ clear heights, docking, and EVCS spaces.
Cushman & Wakefield’s Mindy Lissner, Bill Waxman, Christine Eberle, David Gheriani, Jeff Volpi and Morgan Nitti represented the landlord, 2020 Acquisitions, in the transaction. Paragon Packaging was represented by Newmark’s Kyle Eaton.
“This premier property is centrally located with incredible access to ports, airports and major highways,” said Lissner. “The park is situated on Route 9 with multiple modes of ingress and egress from Exit 11, 10 and 9 of the NJ Turnpike.”
- ◦Lease
