CBRE: Modell’s Sporting Goods to lease industrial space in Bordentown

Modell’s Sporting Goods is committing to 312,373 square feet of industrial space at in Bordentown, according to CBRE, which arranged the deal.

The sporting goods retailer, with locations throughout the Northeast, will house its logistics and distribution operations at the newly constructed facility at 201 Old York Road owned by Matrix Development.

CBRE’s Bill Waxman, Mindy Lissner, Steven Beyda, Paul Touhey, Dan McGovern and Jake Terkanian worked alongside Brett Weinblatt of Compass Commercial in representing Modell’s.

“The transaction involved an exhaustive search throughout New Jersey, lower New York and Eastern Pennsylvania,” Waxman, executive vice president, CBRE, said. “The building is a brand-new distribution facility that boasts the types of amenities that will allow Modell’s to improve its supply chain operations, deliver merchandise to the stores more efficiently, enhance its growing e-commerce business and position the company for future growth and exceptional service.”