THE BLAU & BERG COMPANY ARRANGES LEASE OF 260,320 SQ. FT. INDUSTRIAL PROPERTY IN EDISON, NJ TO ONE STOP LOGISTICS LLC
SHORT HILLS, NJ, June 14, 2017 – The Blau & Berg Company, a prominent commercial real estate brokerage firm in the New Jersey and Tri-State area since 1932, recently brokered the lease of a 260,320 SF industrial property located at 77 Executive Avenue in Edison, NJ, to One Stop Logistics LLC. Brian P. DiPinto, Supply Chain Solutions, Logistics, and Rail Specialist of The Blau & Berg Company was the procuring broker for the tenant in the transaction, while Linda Hill and Doug Bansbach from Cushman & Wakefield jointly represented the landlord.
One Stop Logistics, a leading, mid-sized 3PL provider of freight coordination services based in Manalapan, NJ, was seeking a freestanding building in Edison to serve as a contract warehousing operation. The company operates several additional warehouse and office locations in the region, and given that the property also includes 5 acres of flat, paved space, 77 Executive Avenue was the perfect place to consolidate equipment and park trucks, ultimately serving as a dispatch location for the Northeast market.
“The property’s proximity to Port Elizabeth and Port Newark terminals as well as the New York Container Terminal in Staten Island, NY, made it ideal for One Stop Logistics’ needs,” said Brian P. Dipinto. "In addition, Heller Industrial Parks made the deal easy to execute given their track record of superior tenant relations.”
About The Blau & Berg Company
The Blau & Berg Company (www.blauberg.com) was founded in 1932 and holds a leading position in the New Jersey and Tri-State commercial real estate market. Headquartered in Short Hills, New Jersey, The Blau & Berg Company is an independent, full-service commercial real estate brokerage firm, providing expert and personalized services in industrial, office and retail real estate, including: site selection, acquisitions, dispositions, leasing, tenant representation, portfolio sales, asset repositioning, and property & construction management.