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ELIZABETH, NJ-The 158,000-sf industrial facility at 535 Dowd Ave. here is on the market. Known as the Concord Beverage facility, the asset has been used for distribution and is expected to be substantially renovated by the owner, who was not named.

Binswanger/Klatskin of Teterboro and Edison, NJ has the exclusive assignment to lease the facility. David Knee, executive vice president in the firm’s Teterboro office, and Chuck Fern, executive vice president in the Edison office, are responsible for the assignment.

The asset is located on 7.85 acres within this city’s urban enterprise zone, which carries a number of tax and other financial benefits. Available immediately for lease, the facility is sited just off the New Jersey Turnpike, near for port facilities of Elizabeth and Newark, which are part of the Port Authority of New York and New Jersey’s operations.

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