Blau Berg tapped as agents for Cory Warehouse

The Blau & Berg Co. recently announced it has been named the exclusive agent for the sale of the former Cory warehouse at 720 S. Front St., Elizabeth.The Blau & Berg Co. recently announced it has been named the exclusive agent for the sale of the former Cory warehouse at 720 S. Front St., Elizabeth.

“New Jersey’s port region, with its 3 percent vacancy rate, is a prime area for industrial distribution facilities catering to the area’s transportation hubs and its demographics,” Jason M. Crimmins, president of the Blau & Berg Co., said.  “Directly off Interchange 13 of the New Jersey Turnpike, this property offers a tremendous opportunity for an intermodal, airfreight, (third-party logistics) or an e-commerce startup operator. It is also an exceptional value-add investment opportunity.”

The industrial asset comprises 400,000 square feet and consists of three separate facilities on 13 acres: a 318,651-square-foot facility with 70 docks, a 13,051-square-foot maintenance garage with eight drive-in bays and an 81,834-square-foot facility.

The Blau & Berg Co. is based out of Short Hills. Cory, a home delivery service, is based in Secaucus.