Delta Equity Management and SWL Urban Renewal said on Monday that they retained JLL as the exclusive leasing agent for Harborview Logistics Center, a newly developed 195,723 square foot, state-of-the-art industrial development in Bayonne.
Construction is already underway, and the development is scheduled for delivery in September, 2022.
Located at 71 New Hook Access Rd. near the former Marine Ocean Terminal at Bayonne (MOTBY), the speculative new property will feature 46 dock doors and two drive-ins. It will have 40-foot clear ceiling heights, a 135-foot truck court and parking for 32 trailers and 149 cars.
Harborview Logistics Center has a 20-year PILOT (Payment In Lieu Of Taxes) agreement which will reduce real estate taxes on the building for the long term.
Situated on a peninsula located between Newark Bay to the west and New York Bay to the east, the site is just 10-miles from Manhattan in Hudson County’s Gateway Region (Port District), at the heart of the New York metropolitan area and the largest population mass in the US. It offers unparalleled transportation options with access to the 1-95 and proximity to the Port of Newark and Newark Liberty International Airport.
The exclusive JLL leasing team for Harborview Logistics Center will be led by vice chairman Joel Lubin, executive managing director Brian Golden, and managing director Gary Politi.
“We are excited to bring this exceptional new development to market in one of the most sought-after industrial submarkets in the country,” said Lubin. “As demand from the ecommerce and logistics sectors continues unabated, we anticipate keen interest from operators under immense pressure to move goods competitively and quickly.”
Added Golden, “The location of Harborview Logistics Center is ideal for companies seeking a last-mile facility situated in a densely populated urban market with access to multiple transportation options, an accessible employee base and close to customers along the entire East Coast corridor.”