(Read more on the industrial market.)
ELIZABETH, NJ-Matrix Development Group has signed twoleases--one a new tenant and the other an expansion by an existingtenant--at its Bayway Industrial Centre here. With the separatesignings, Bayway Industrial Centre, which consists of more than onemillion sf in four stand-alone buildings, has now reached nearly85% occupancy.
In the larger of the two leases, American Select DistributionInc. has taken 84,000 sf, representing the site's entire BuildingD. American Select was represented in-house in the deal. TheCranbury, NJ-based Matrix was represented by VP PatrickConnelly.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.