Thank you for sharing!

Your article was successfully shared with the contacts you provided.

EAST RUTHERFORD, NJ-Maggy London International has leased 112,000 sf of industrial at AMB Highway 17-55 Madison Circle Dr. here, GlobeSt.com has learned. The New York City-based high-end women’s apparel maker will expand and relocate its distribution operations from an existing location in nearby Carlstadt.

Owner AMB Property Corp., which also has its regional offices here, was represented by brokers from Jones Lang LaSalle, including managing director Charles Klatskin, EVPs Robert Kossar and David Knee and VP Alex Previdi. Stan Danzig and Steve Elman of Cushman & Wakefield of NJ represented the privately owned Maggy London. Terms were not disclosed.

“The Meadowlands submarket is highly sought after by companies in the consumer goods and food and beverage sector,” Paul Rosen, AMB’s VP and regional manager for the East Region, tells GlobeSt.com. “Our operating properties in this location are close to 100% leased. Our development’s access to Manhattan is one of the distinguishing attributes for tenants such as Maggy London.”

Part of AMB’s Highway 17 portfolio, 55 Madison Circle Dr. recently underwent a renovation, according to Rosen. That effort included a new roof, a sprinkler upgrade, loading door and parking lot reconfiguration, new office space and HVAC systems.

With the signing of Maggy London, approximately 39,000 sf remains available for lease at the 151,000-sf property. That space comes with seven tailgate loading doors, according to Rosen.

“AMB’s development differentiates itself from other warehouse and distribution facilities in the Meadowlands with its high door-to-space ratio,” Kossar says. “We expect a very high demand for the remaining available space.”

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
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


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 © 2020 ALM Media Properties, LLC. All Rights Reserved.