NAI Hanson’s Vetter and DeMagistris Negotiate Lease for 36,750-Square-Foot Industrial Building in Carlstadt, N.J.
Carlstadt, N.J. (April 25, 2019) – NAI James E. Hanson announces it has negotiated a lease for a 36,750-square-foot industrial building with ISC Industries at 80 Triangle Boulevard in Carlstadt, N.J. NAI James E. Hanson’s Tom Vetter, SIOR, and Jeff DeMagistris, SIOR, represented the landlord, Venus (NJ) Inc., in the NAI James E. Hanson exclusive transaction.
With 30 years of specialization in the global distribution of auto parts, ISC Industries will utilize the property as their North American warehouse facility. In addition to auto parts, the company also develops hardware parts, lift supports, gas springs, ignition wire sets and steering and suspension products.
Supremely located, 80 Triangle Boulevard is situated eight miles from New York City and 15 miles from Port Newark. The building provides convenient access to several major highways, including the New Jersey Turnpike, Interstate 80 and Routes 3, 17, and 46. Additionally, the building features two loading docks, 16'9" ceilings, 5,000 square feet of office space, and 25 parking spaces, making the space ideally suited for ISC Industries’ warehousing and distribution needs in the New York City metro area.
“With a wide range of industrial buildings and accessibility to New York City, Port Newark and major transportation arteries, Carlstadt continues to be one of the hottest towns in the Meadowlands submarket,” said Vetter. “For industrial owners, strong demand and limited supply has created a perfect opportunity to secure high-quality tenants at a premium dollar amount but has also created a significant level of competition within the submarket. Our team’s deep experience in the market allows us to provide both landlords and tenants with the counsel they require to successfully navigate what has become an ultra-competitive market.”
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