X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

(To read more on the industrial market, click here.)

EDISON, NJ-Rand Direct Inc. has signed a lease for the entire 156,000-sf industrial building at 11 Kilmer Rd. here. The locally based company, which makes and packages point-of-purchase displays for its parent company, the Teaneck-based Rand Display International, will use the building for the packaging and distribution of its products.The transaction was arranged by Charles Fern and Joel Lubin, executive vice presidents and principals at Lee & Klatskin Associates of Teterboro and Edison, and Robert Sager, the firm’s senior vice president. The terms of the signing were not released. The building is owned by ProLogis.The signing is one of two recently engineered by the Lee & Klatskin trio, totaling 196,000 sf. In the other deal, Sabert Corp. took immediate occupancy of 40,000 sf at 183 International Rd., another ProLogis property located in this Middlesex County community. The tenant is a Sayreville-based maker of plastic containers, primarily for the foodserve industry. Sabert will use the site for distribution of finished products.

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
  • 1 free article* every 30 days across the ALM subscription network
  • 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 © 2021 ALM Media Properties, LLC. All Rights Reserved.