BRC’s Jordan Metz, senior vice president, Eric Koons, vice president, and Benito Abbate, sales associate, represented the landlord, Seagis Property Group, in the transaction. DHL Global Forwarding was represented by JLL.
“Inventory levels are still lagging, while demand has continued for well-located, functional industrial properties,” Metz noted. “1001 Roosevelt Ave. offers a true last-mile, highway-accessible location with high ceilings and ample loading docks. We are pleased to have represented the landlord, Seagis Property Group, in this transaction with DHL Global Forwarding.”
1001 Roosevelt Ave. is an industrial building near the New Jersey Turnpike, Route 1-9, Port Newark/Elizabeth and Newark Liberty International Airport. The property features 17 tailboards and three drive-in doors, 15-foot ceiling heights, 400 to 500 amps of electric power, wet sprinklers and 40 surface spaces.