NAI James E. Hanson, a Teterboro-based commercial real estate firm, announced on Tuesday it has negotiated an industrial lease in Elizabeth for 49,300 square feet at 560-596 Bercik St.
NAI’s Eric Demmers and Russell Verducci represented the sub-landlord, RIM Logistics Ltd., in the short-term lease deal with the tenant, Texas-based Z Brothers Express Inc. Rubicon Representation represented Z Brothers.
Based in Fort Wayne, Indiana, Z Brothers is a operating trucking company specializing in transportation services. The company was searching for a industrial/flex space in a well located area.
Situated on 6.47 acres, the 143,756-square-foot Class A warehousing and distribution facility offers nine tailgates with levelers, one drive-in and 2,400 pallet positions as well as 30-foot ceilings. It offers close access to Newark Liberty International Airport, the Ports of Newark and Elizabeth, the New Jersey Turnpike and routes 1 and 9.
“One of the most important tools landlords can leverage in the search for quality tenants is a highly experienced brokerage team,” Verducci said. “Through our decades of expertise, we are able to effectively leverage our deep capabilities and market knowledge to secure tenants that are ideal fits for our clients’ spaces amidst even the most tumultuous market conditions and across competitive asset classes and markets.”