Seagis Property Group acquires 4 warehouses in North Jersey

Seagis Property Group announced Tuesday it has acquired four warehouses in North Jersey since the beginning of the year.

The fully-leased properties were acquired in separate transactions, the Conshohocken, Pennsylvania-based industrial real estate owner said.

They included:

  • 100 Frontage Road, Newark; 180,000 square feet;
  • 400 County Ave., Secaucus; 45,000 square feet;
  • 27 Engelhard Ave., Avenel; 26,000 square feet;
  • 360 Allwood Road, Clifton; 23,000 square feet.

Seagis said it currently owns 32 buildings totaling 4.7 million square feet throughout northern New Jersey.

“We are pleased to announce the acquisition of these well-located assets which further enhance our presence in one of the most dynamic industrial markets in the country,” Brian Tozer, vice president, Seagis, said.