JLL said Aug. 12 that it has completed a full-building lease at 936 Harrison Ave., a 211,340-square-foot Class A industrial property in Kearny owned by Seagis Property Group.
An unnamed last-mile delivery company has signed a full building lease to relocate and expand from Seagis Property Group’s 25 Amor Ave. in Carlstadt, where it occupied 30,000 square feet.
Tyler Baker, senior vice president, leasing and investments, Seagis Property Group, said, “We are excited that this facility will accommodate our existing customer’s needs as it continues to grow and expand as a company.”
Seagis, based in Conshohocken, Pa., and one of New Jersey’s largest industrial owners, acquired 936 Harrison Ave. last year shortly after it was completed by Russo Development. The property has a two-story glass office entrance, 38-foot ceiling heights, parking for cars and trailers, and on-site security. There are 41 loading docks along with 2 acres of outdoor storage.
The property is located immediately off Exit 15W of the New Jersey Turnpike near the Holland or Lincoln tunnels access to New York City. It is 1.5 miles from the PATH train system’s Harrison stop, offering direct access to midtown and Lower Manhattan. Its location in the Ports submarket also provides access to a labor pool of about 5 million people within a 10-mile radius.
The JLL Northeast Industrial team led by Vice Chairmen Rob Kossar and David Knee, Executive Vice President Ignatius Armenia, Senior Vice President Ryan Milanaik, Vice President Doug Rodenstein and Executive Managing Director Chris Hile represented the landlord in the transaction. Cushman & Wakefield’s Jimo Liu represented the tenant.
