The real estate firm NAI James E. Hanson has negotiated a lease for a 110,000-square-foot industrial building in North Bergen, it announced recently.
High May Inc., which will use the space at 7300 West Side Ave. for e-commerce warehousing and distribution, signed the lease with landlord Link Logistics Real Estate.
NAI Hanson’s team of Scott K. Perkins, Tom Vetter, Jeff DeMagistris and Chris Todd represented Link Logistics in the deal, while Wenying “Linda” Tan of Oxford Property Group USA represented High May. NAI Hanson had previously negotiated the sale of the property in October 2019.
“The Meadowlands remains one of the most in-demand industrial markets in the state,” Perkins said in a prepared statement. “As the exclusive leasing brokers for the property, our team was able to leverage our full suite of commercial real estate services and market expertise, as well as our prior experience working with Link Logistics at this property to secure a quality tenant on behalf of our client.”
The building had originally contained 130,000 square feet of industrial and office space, but Link Logistics is removing 20,000 square feet of office space to create more 24’ ceilings in the 100,000 square feet of industrial space.