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.

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