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SOUTH RIVER, NJ-NewEgg.com has signed a lease for 55,000 sf of industrial space at 7 Brick Plant Rd. within South River Industrial Park here. The company, an online retailer of computer parts, software and accessories, will use the location as its new East Coast distribution center.

The signing was arranged on behalf of the tenant by the Rutherford, NJ office of Newmark Real Estate of New Jersey, with managing principal William J. Cariste and principal Richard Madison doing the honors. Further details of the transaction were not disclosed.

“This transaction is representative of the continued strength of New Jersey’s industrial market,” according to Cariste.

The asset, which is owned by Frank A. Greek & Sons Inc. of East Brunswick, NJ as part of its larger holdings within the industrial park, is being fitted out with a new distribution system, according to Cariste. When fully operational, it will be capable of handling more than 20,000 packages a day.

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