CBRE has been named the exclusive leasing agent for the new Teterboro Distribution Center. Located at 200 Hollister Road, the 166,725-square-foot Class A warehouse and distribution facility is currently under construction in the highly desirable Meadowlands submarket.
Construction is scheduled for completion in summer 2025.
The CBRE Industrial & Logistics team of Kevin Dudley, Chad Hillyer, Nick Klacik, and Kate Granahan will lead the marketing campaign and handle leasing on behalf of Seagis Property Group, the owner.
“The premier location at the interchange of Interstate 80 and Route 46, coupled with an abundant labor force, makes the property an ideal distribution center servicing the Tri-State region, including NYC. This building accommodates Tenants seeking highly functional warehouse space, amenities, and features high-end curb appeal. This building checks all the boxes,” Dudley said. “This state-of-the-art, headquarters quality facility is perfect for a single tenant looking to maximize their cubic capacity while offering abundant parking compared to its competition. With the NYC congestion tolls now in effect and low NJ property taxes, we feel this property is well positioned for a tenant looking to relocate from NYC and reduce their overall expenses.”
The Teterboro Distribution Center includes 5,000 square feet of office space, 40’ clear height ceilings throughout the 725’ x 232’ fully-sprinklered warehouse, 40 loading docks, a drive-in bay, a 185’ truck court, and parking for 46 trailers and 114 cars.
Strategically located just 1.4 miles from Teterboro Airport, 20 minutes from Port Newark, Liberty International Airport, and provides easy access to New York City via the George Washington Bridge and Lincoln Tunnel.
The property also offers a unique advertising opportunity to enhance brands with aerial and digital signage opportunities in a highly trafficked area.
