JERSEY CITY-East Coast Logistics has renewed its lease for 223,000 sf of W/D space at 202 Port Jersey Blvd. The Hillside, NJ-based packaged goods distributor re-signed at the location "after conducting a statewide search for a different building," says William Waxman, senior vice president of CB Richard Ellis.
Waxman, along with CBRE colleagues Nick Nitti and Matthew Corpuel, both vice presidents, and senior associate Carrie Brown, represented East Coast Logistics, a distributor of food and beverage products. CBRE also represented the owner of the building, Rreef. Terms of the signing were not disclosed.
"The location, with proximity to the Ports of Newark and Elizabeth, as well as to New York City, proved to be a major deciding factor," Waxman says. "Renewal turned out to be the best option for the tenant."
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