CushWake arranges 844K-square-foot Morris County industrial lease

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List Logistics expanded its East Coast footprint with a new lease in Morris County.

Cushman & Wakefield announced Dec. 9 it arranged a 844,373-square-foot lease for the Massachusetts-based third-party logistics and distribution company at 703 Bartley Chester Road in Flanders.

The new location, situated within a 1.4 million-square-foot industrial complex, joins an additional New Jersey site in Edison. List Logistics’ building formerly served as a Toys R Us distribution center.

Cushman & Wakefield’s Charles Fern, Jason Barton, Thomas Tucci, Stephen Shoemaker, Jonathan Winge, Torsten Thaler, Elizabeth Rouse and Natalie Gorga represented the tenant in the transaction. The firm was tapped to exclusively lease the center in 2018.

“As List Logistics continues to grow and expand, 703 Bartley Chester Road offered the space, building design and fully equipped systems to successfully serve their customers,” Fern said in a statement. “List Logistics will benefit from the property’s ideal location in proximity to an extensive labor pool and numerous interstates.”

With 49-foot clear ceiling heights, 500 spots for trailer parking, a solar panel rooftop energy system and an adjacent rail spur, the industrial complex is near to Interstates 80, 78 and 287.

The transaction, which closed earlier this year, was a boon to the Morris County submarket in the second quarter, making it the most active in the North and Central Jersey market in addition to being the largest lease across the area for the period, as reported by CBRE.

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