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CRANBURY, NJ-Genera Corp., a subsidiary of the Taiwan-based TYC Corp., has signed a long-term lease for a total of 152,000 sf of space at Matrix Development Group’s 5 Fitzgerald Ave. within the company’s CenterPoint at 8A business park here. Genera, an after-market automotive parts distributor, is relocating and expanding to operations to the facility, which is currently under construction.

In the transaction, Genera was represented by Gary Green of Resource Realty. Details of the deal were not disclosed.

“This is the first lease signing at 5 Fitzgerald Ave.,” according to James Murray, vice president of Matrix. “The location of this facility met all of Genera’s business and operational needs.”

When it’s completed, the facility will be a pre-cast structural concrete, single-story, 230,000-sf building with 36-ft clear ceilings, according to Murray. Designed by Venezia & Associates of New Brunswick, NJ, the asset’s remaining 78,000 sf are currently available.

The signing is the latest in a series of sizable deals totaling more than two million sf that Matrix, which is based here, has done recently in the market. Most recently, the company concluded a 600,000-sf land sale to DaimlerChrysler at Matrix Business Park in Washington Township, NJ.

In addition, Matrix did a 500,000-sf build-to-suit transaction with McMaster Carr, also at Matrix Business Park; and a 436-df build-to-suit warehouse/distribution transaction with WW Grainger at Northeast Business Park in Washington Township.

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