NAI James E. Hanson Arranges Lease for Katz’s Delicatessen in Carlstadt, N.J.
Carlstadt, N.J. (June 22, 2017) – NAI James E. Hanson, a leading New Jersey-based full-service independent commercial real estate firm, announced they have negotiated a lease for 29,770 square feet of space to Katz’s Delicatessen at a 145,000-square-foot industrial building in Carlstadt, N.J. NAI Hanson’s Steve Leitner represented the tenant, Katz’s Delicatessen, in the transaction. The landlord, 100 Group Ind., LLC, was represented by Scott Belfor and Kevin Dudley of CBRE.
Since 1888, Katz’s Delicatessen has been an institution on the Lower East Side of New York City serving thousands of residents and tourists each week at their 205 East Houston Street location. Its newly launched e-commerce store enables them to ship their products to customers across the world. Katz’s sought out a space with direct access to New York City and major arteries to the west to house their offices, warehousing and distribution operations. The lease in Carlstadt, N.J. provides them with an ideal location to support their physical New York City location while also offering them the storage and distribution space to quickly fulfill e-commerce orders.
“Well-known, established institutions like Katz’s Delicatessen are recognizing the opportunity presented by e-commerce to continue to grow their customer base and find new ways to expand,” said Leitner. “The Bergen County industrial market presents an ideal location for New York City based businesses to expand due to the proximity to both the City and major highways running through the region. This lease will enable Katz’s Delicatessen to continue to grow their business and ship their products all over the world to bring authentic New York City culinary experience to people near and far.”
NAI James E. Hanson has recently published its 1Q 2017 Northern and Central New Jersey Industrial report, which highlights market trends and key data. To stay connected with NAI James E Hanson and for updates on the latest transactions and news, please follow NAI Hanson on Facebook (www.facebook.com/NAIHanson), Twitter (@NAI_Hanson), and LinkedIn (www.linkedin.com/company/nai-james-e-hanson).