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Tribeca Oven Renews in Carlstadt, NJ

Tribeca Oven, Inc. has renewed its leases at two adjacent buildings at 425 and 447 Gotham Parkway in the Meadowlands in Carlstadt, NJ.

Founded as a fresh bakery in New York City in 1988, Tribeca Oven transitioned to a frozen par-baked, wholesale-focused model when it moved to Carlstadt in 2004.

“The level of investment in this manufacturing space, and the efficiency of having a seamless distribution operation right next door, connected by a tunnel, made renewing in place the logical choice,” said John Donnelly, for Colliers International, which represents Tribeca Oven.

Institutional investors advised by J.P. Morgan Asset Management own the 115,000-square-foot 425 Gotham Parkway, while Prologis 2, LP owns the 53,000-square-foot 447 Gotham Parkway. Paul Rosen and Jason Tenenbaum represented Prologis in-house. Brian Golden from JLL represented J.P. Morgan.

For comments, questions or concerns, please contact our New York commercial real estate editor Bendix Anderson

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