CushWake: Kiss Products subleases Piscataway industrial space

Jessica Perry//January 29, 2024//

600 Ridge Road in Piscataway is a 469,000-square-foot industrial buildings. - PROVIDED BY DUKE REALTY

600 Ridge Road in Piscataway is a 469,000-square-foot industrial buildings. - PROVIDED BY DUKE REALTY

600 Ridge Road in Piscataway is a 469,000-square-foot industrial buildings. - PROVIDED BY DUKE REALTY

600 Ridge Road in Piscataway is a 469,000-square-foot industrial buildings. - PROVIDED BY DUKE REALTY

CushWake: Kiss Products subleases Piscataway industrial space

Jessica Perry//January 29, 2024//

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Kiss Products is subleasing its space in , a 469,000-square-foot industrial property that offers direct access to Interstate 287, as well as Routes 18 and 22.

said Jan. 29 it arranged a lease for 600 Ridge Road on behalf of Kiss Products for Efulfill, the logistics arm of Henglin Home Co. Ltd., China’s largest office chair manufacturer and exporter.

Managing Director Christine Eberle, Vice Chairs Mindy Lissner and Bill Waxman, Executive Director David Gheriani, Director of Supply Chain and Logistics Jeff Volpi and Senior Associate Morgan Nitti represented the sublandlord, Kiss Products, in the transaction. Additional terms were not disclosed.

Built in 2019, the building was sold to Kiss Products that year for $65.7 million. It was also the tenant at the 65-acre site when Duke Realty added it to its portfolio in 2022. In 2023, the company announced 52 layoffs in Piscataway in a WARN notice filed with the State of New Jersey.

“This premier Piscataway location, less than 2 miles off Interstate 287, uniquely positions this property to offer a comprehensive supply chain solution for Northern New Jersey and New York City, making it an ideal choice for a last mile e-commerce user,” Eberle said of the latest transaction.

At 469,000 square feet, 600 Ridge Road features: 100 loading docks, two drive-in doors and parking for 310 cars and 85 trailers.

Central demand

Mindy Lissner, executive vice president, CBRE.
Lissner

“We are grateful to empower our clients, whether landlords or tenants, to navigate these dynamic times of economic uncertainty with unwavering confidence, thanks to our steadfast commitment to delivering top-tier, personalized services to every client,” Lissner said.

In its fourth quarter 2023 report, released earlier this month, Cushman & Wakefield said New Jersey recorded its highest level of new activity in two years during the period (6.4 million square feet in Q4). That demand was concentrated in the central part of the state, in areas like Piscataway. According to the company, accounted for more than 68% of total leasing activity throughout 2023.