Sitex Group (Sitex), a private equity real estate firm on Thursday said it is continuing to build its Northeast portfolio with the recent acquisition of a 210,000-square-foot warehouse at 7001 Anpesil Drive in North Bergen from a private investor.
The building is 100% leased.
“We are excited to add 7001 Anpesil Drive to our growing portfolio of logistics assets,” said Blake Chroman, a principal with Sitex. “Our strategy of buying premier buildings and properties in infill locations throughout the region remains the same as we look toward the remainder of 2022.”
The building features 22-foot clear ceiling heights and 20 loading docks. It is situated on 7.3 acres in the heart of the Meadowlands submarket and provides users proximity to New York City, the ports of Newark/Elizabeth, the New Jersey Turnpike and Newark Liberty International Airport.
The sale was brokered by Bill Connors of The William Connors Agency. Sitex plans to renovate the property as space becomes available.