HomeReal Estate & DevelopmentSitex acquires two logistics properties, one in Perth Amboy and one in...

Sitex acquires two logistics properties, one in Perth Amboy and one in Elizabeth

Real estate firm Sitex Group has acquired a pair of industrial assets in New Jersey, it announced Tuesday.

The Englewood-based company said it has added a vacant site with a vehicle maintenance facility at 440 Florida Grove Road, Perth Amboy, and a 23,000-square-foot warehouse at 629 Henry St., Elizabeth.

Both properties were sold by private investors. The Perth Amboy property is available for immediate occupancy, Sitex said, while the Elizabeth property is leased to an undisclosed logistics company.

“We are thrilled to add these two properties to our fast-growing logistics real estate portfolio,” Sitex Principal Blake Chroman said in a prepared statement. “They speak to our longstanding strategy of acquiring and developing industrial facilities in strategic, infill locations throughout the greater New York metro area.”

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