Listen to this article

Sheldon Gross Realty of West Orange announced on April 6 that it inked 12,818 square feet of Class A warehouse space at 5030 Shafto Road in Tinton Falls to an e-commerce company.

Newly constructed, the property features high bays and a 36-foot clearance. Located in Monmouth County, the building is minutes from routes 18, 34, 35 and 36, and sits less than a mile from Exit 105 on the Garden State Parkway.

“In New Jersey and elsewhere, warehouse space remains in extremely high demand – and even more so when it’s new construction,” said  Marcy Gross, president of Sheldon Gross Realty, in a press release. “As the exclusive marketing company for this building’s owner, we made sure that companies seeking a warehouse location were aware of the property. The strong demand triggered a quick response to our outreach, and our next step was using our expertise to identify the prospective tenant that was the ideal fit in terms of the lease rate and various other considerations. Ultimately, this transaction gave all parties exactly what they wanted.”