CBRE on Thursday said it orchestrated a 95,808-square-foot lease at an industrial property in Jersey City developed by CT Realty, a national real estate investment and development company specializing in logistics and e-commerce solutions for corporate America.
Located at 79 Thomas McGovern Drive, an international e-commerce company committed to a long-term lease for the entire warehouse facility. The property sits on approximately 5 acres of fully fenced and secure land and offers 36-foot ceiling heights, eight dock doors, 87 car parking spaces, sprinkler systems, LED motion sensors and nearly 2,000 square feet of office space.
The CBRE team of Thomas Monahan, Stephen D’Amato, Larry Schiffenhaus, Anastasia Lazarides, Lauren Hageman, Gerard Monahan and Brian Fiumara spearheaded the leasing campaign for the property and represented CT Realty in the lease negotiations.
“79 Thomas McGovern Drive presented the tenant with a truly unique opportunity to be located in a brand-new facility in this prime last mile distribution area,” said Monahan. “Offering direct access to New York City via the Holland and Lincoln Tunnels and just a few minutes from the ports of Newark and Elizabeth, as well as Newark Liberty International Airport, the property is ideal for the tenant’s real estate and logistics needs.”