In a transaction arranged by CBRE, Caesarstone, a publicly traded company that engages in the production and marketing of quartz surfaces used for kitchen countertops, vanity tops, flooring, wall cladding and general interior design, has inked a 35,235-square-foot industrial lease at 10 Evans St. in Fairfield.
A global leader in premium surfaces, Caesarstone will house its Northeast distribution hub at the newly constructed property owned and developed by Stalwart Equities.
The CBRE team of Kate Granahan, Nicholas Klacik and Sean Dodd represented Caesarstone in the lease negotiations, while CBRE’s Kevin Dudley and Chad Hillyer spearheaded the leasing campaign at the property and acted on behalf of ownership.
“Caesarstone is widely recognized as one of the top producers of high-quality granite and quartz surfaces for the home and required warehouse space in close proximity to its many clients in the Northeast,” Granahan said. “Caesarstone’s real estate requirements were met by the newly developed, single-tenant facility located at 10 Evans St.”
Located near Route 46, Interstate 80 and Interstate 280, 10 Evans St. boasts 36’ clear height ceilings and 46 parking spaces, as well as several loading docks.
“This single-tenant new construction availability was a unique find in the current market, which has seen minimal Class A development of this size and quality,” Hillyer of CBRE said. “This opportunity is a testament to the value Stalwart created by developing a best-in-class asset in northern New Jersey.”
“We are thrilled to have worked with CBRE on this transaction and welcome Caesarstone to 10 Evans St. Stalwart continues to remain extremely bullish on the New Jersey industrial market,” Samuel Wachsman, founder and president at Stalwart Equities, said.