X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

NORTH BERGEN, NJ-Apparel manufacturer Phillips-Van Heusen doesn’t need the 130,000-sf distribution facility it occupies here any longer due to a consolidation, and the company has tapped Insignia/ESG to find someone to sublease it. I/ESG brokers say they think the facility’s Meadowlands submarket location near Midtown Manhattan will make it especially attractive.

Handling the assignment are Matthew Corpuel and John Donnelly, both director in I/ESG’s Industrial Services Group, along with Richard Bernstein, executive managing director in the company’s Midtown Manhattan office. The brokerage firm’s New Jersey operations are based in Saddle Brook.

Commonly known locally as the “Calvin Klein Building” for its original occupant, the asset features 23-foot clear ceiling heights, according to Corpuel. The building can also be made available with or without a garment racking system, according to the I/ESG director.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.