NAI Hanson’s Kenneth Lundberg and Patrick Lennon represented the landlord, Sitex Group. Brian Scheuer of Chaus Realty represented the tenant.
The 271,176-square-foot property at 100 Performance Drive in the Stateline Business Park is within close proximity to Route 17 and Interstates 87 and 287.
Snow Joe, a manufacturer of lawn and garden tools, said it was seeking to expand its distribution capabilities.
“From the moment we were approached by Sitex Group to be the leasing agent for this property, we immediately recognized the great opportunity that both this building and the Mahwah area held for a distribution and fulfillment-oriented company,” Lundberg, senior vice president, said.
“With record property prices throughout much of Bergen County and a highly limited supply of state-of-the-art buildings, submarkets like Mahwah present industrial users with an ideal mix of location, flexibility and access to a highly skilled workforce that make this area a perfect location for companies like Snow Joe.”
Financial terms were not disclosed.