The facility, located at 60 East Halsey Road and known as “Halsey Logistics”, will be the company’s third in the area.
“With shipping containers of sporting goods and apparel set to arrive in the U.S. from overseas early August, the kink in the supply chain created an urgency to locate a suitable space,” Scott Peck of commercial real estate firm Resource Realty, which represented Linemart, said.
Longpoint Realty Partners, which purchased the building in 2019, was represented by Resource Realty’s Tom Consiglio and Bill Pastuszak.
“With the explosion of e‐commerce, we make it a point to be keenly aware of facilities in the market that already are or could be made suitable for this use or other high‐tech companies. However, it is a bit unusual to have all of the pieces fall into place as they did with this deal. As it turned out, the tenant vacating the space had a lease expiration date of July 31st,” Consiglio said.
“Halsey Logistics lease up strategy was realized due to the expertise and commitment of Resource Realty and Longpoint’s focus. The capital improvement program will bring the property to a market condition most suitable for an e‐commerce occupier like LineMart” Dan Frank, managing director of Longpoint, said.