SECAUCUS, NJ-International Express Manufacturing has signed a full-building lease for the 34,797-sf 530 Secaucus Rd. here. The tenant, based in nearby East Rutherford, will utilize the facility for the warehousing and distribution of home furnishings products.
IEM was represented by Matthew Corpuel, vice president in the Saddle Brook office of CB Richard Ellis. The owner of the asset, the locally based Hartz Mountain Industries, was represented in-house. Terms of the signing were not disclosed; however, the space was offered on Hartz's website for a five-year term at a rate available "upon request."
Besides the W/D function, IEM will also utilize a portion of the building as a retail outlet store. The building's floor plan includes a 3,000-sf retail space and just under 6,000 sf of built-out office space.
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