Seagis Property Group L.P. announced Tuesday it has named CBRE as the exclusive leasing agent for an industrial property currently under construction in Kearny.
The industrial real estate owner based in Conshohocken, Pennsylvania, said the 415,533-square-foot property is located at 50 Central Ave.
Currently, precast walls are being erected at 50 Central and the building will be completed in the first quarter of 2020, Seagis said.
The CBRE team of Thomas Monahan, Stephen D’Amato, Larry Schiffenhaus, Anastasia Lazarides, Lauren Griffith and Gerard Monahan of CBRE will head the leasing and marketing of 50 Central on behalf of the developer.
“Seagis is one of the most respected owners of industrial real estate in the market with over 11 million sq. ft. of space, and a significant position in the New Jersey and New York City region,” Monahan, vice chairman, CBRE, said. “We look forward to working closely with the Seagis team to market this new 40’ clear cross-docked warehouse facility in North Jersey.”
The property, which is within close access to Exit 15E of the New Jersey Turnpike, has 40-foot ceilings, 88 dock doors, four drive-in doors, 261 parking spaces, 150 trailer parking stalls, ESFR sprinklers and secured parking.
