Meadowlands sees largest industrial lease in years

Bergen Logistics has inked the largest Meadowlands industrial deal since mid-2016, according to Cushman & Wakefield.

Cushman & Wakefield acted on behalf of Bergen Logistics, a logistics and fulfillment company, on the lease of a 404,000-square-foot distribution center at 299 Thomas E. Dunn Memorial Highway in Rutherford.

Based in North Bergen, Bergen Logistics uses technology, automation and robotics to service consumer product brands in the fashion, apparel, cosmetics and lifestyle industries.

The lease at the recently renovated Murray Metro Distribution Center was handled by Bonni Heller, director at Cushman & Wakefield’s East Rutherford office. Landlord Murray Construction Company Inc. was represented in-house by Michael Nachtome, chief operating officer, and by Thomas Monahan, a CBRE executive vice president and lead broker.

“Bergen Logistics professionals are known for their ‘customer-first’ approach, and the company has a reputation for deploying facilities that are on the forefront in technology and automation. This kind of attention to customer detail has helped drive the company’s growth and fueled the need for more space,” Heller said.

“General distribution, consumer goods, apparel, e-commerce companies and others have found the Meadowlands, in particular, to be a very attractive location thanks to the easy access it offers to the New York market and convenience to air, road and shipping. Further, the influx of companies here has increased demand for facilities like the Murray Metro Distribution Center, which has been enhanced by upgrades like new rooftop HVAC units, new loading dock doors and levelers, and T5 energy-efficient fixtures.”

The property, located off Exit 16W on the New Jersey Turnpike, is within close proximity to the metro area’s airports, including Newark Liberty International Airport. The facility has 24-foot ceilings, 39 tailboard doors, trailer parking more than 315 parking spaces and 30,000 square feet of office space.

“This transaction, which will result in the creation of about 200 new jobs, enables us to further expand our operations with a well-suited building that is close to our other distribution facilities,” said Ron Roman, president and CEO of Bergen Logistics. “The building’s proximity and ease of access to rail, air and other transportation also makes it a desirable enhancement to our assets.”