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WOODBRIDGE, NJ-Kenco Group Inc. has signed a full-building leasefor the new 341,500-sf industrial building at 255 Blair Rd. here.Kenco, a Chattanooga, TN-based third-party logistics company, willuse the site as a distribution center for a national producer ofdry wall and construction materials. The Edison-based AdlerDevelopment owns the building and is completing it to Kenco's specsthis fall. As reported by GlobeSt.com, Adlerstarted construction of the building on a spec basis in 2005 afterbuying the site from Ecolab in 2004.

"Our leasing of the entire facility was consistent with ourleasing effort," says Joshua Adler, a partner at Adler Development."I saw the greatest value in this building as a single-user site toallow for someone to take advantage of the trailer parking and railcapabilities."