Sagard Real Estate, formerly EverWest Real Estate Investors, has acquired 19 Commerce Court West, a Class-B industrial property located in South Brunswick.
Built in 1985 and renovated in 2024, the property spans approximately 64,700 square feet on an 8.6-acre site. The building features 22-foot clear heights, rear loading, full HVAC in the warehouse space, LED lighting and a newly installed roof. The shallow-bay configuration provides flexibility to service single or multiple tenants and an additional 2 acres of excess land can support a future building expansion. Located off Exit 8A just one mile from I-95 and 32 miles from Port Newark, the property offers excellent connectivity to the Eastern Seaboard and access to a population of 20 million people.
Sagard Real Estate’s value-enhancement plan for 19 Commerce Court West includes improving the property’s functionality through targeted upgrades, such as additional dock-high doors, newly constructed office spaces, and an upgraded sprinkler system to ESFR. These improvements aim to create a modern, high-performing industrial property that aligns with the growing demand across the region’s key distribution hubs.
“We’re excited to add 19 Commerce Court West to our portfolio as we continue building a foundation of high-performing assets in markets with strong growth potential,” Tyler Williams, managing director at Sagard Real Estate, said. “We continue to seed the portfolio with proof-of-concept investments that advance our fund’s strategy.”
The Exit 8A submarket is one of New Jersey’s most prominent industrial hubs, characterized by its strategic location along I-95 and close proximity to major ports and metropolitan areas. The area has experienced robust demand for industrial space due to the rise of e-commerce and the need for efficient distribution channels. With low vacancy rates and strong rental growth, the area continues to attract significant investment interest.
“This acquisition perfectly aligns with our focus on investing in properties that combine strong market fundamentals with meaningful opportunities for value enhancement,” John Maurer, head of Equity at Sagard Real Estate, said. “We’re eager to implement improvements that will enhance its functionality and provide long-term value for tenants and investors alike.”
