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Renovated Industrial Fully Occupied at 340 S. Stiles St.
The newly-renovated industrial complex at 340 S. Stiles St. in Linden, NJ, is now fully-occupied.
“With the shortage of attractive, large-block opportunities in the port region and Linden’s accessibility and low taxes, we saw strong interest from a cross section of commercial space-users,” said Chuck Fern of Cushman & Wakefield, who with Jason Barton, Gary Casaletto, Tom Tucci and Stephen Shoemaker led the leasing effort for the property.
Seagis Property Group purchased the 504,000-square-foot property in November 2016, and replaced the roof, entrances, facades, windows, sprinkle systems and lighting. Seagis also repaved nearly 13 acres of parking lot and enhanced the landscaping.
In December, South Kearny Associates leased 227,000 square feet of space, filling the complex. Other recent leases include:
– Cory Furniture, 137,000 square feet
– National Tree Company, 90,000 square feet
– Arvi Trucking Inc., 35,000 square feet
For comments, questions or concerns, please contact our New York commercial real estate editor Bendix Anderson
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