X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

NORTH BERGEN, NJ-Office product and furniture wholesaler Action Emco Distribution has put its 196,600 sf of distribution space at 5601 West Side Ave. on the sublease market. Deerfield, IL-based United Stationers has a major distribution center in Central New Jersey’s Turnpike Exit 8A submarket in Cranbury and–following the acquisition of Emco in late August–Action Emco’s W/D and office operations here have been consolidated to that location.

Action Emco has hired Jones Lang LaSalle to find a tenant for the space, which is being marketed as non-divisible with a negotiable rental rate. The direct lease runs through February of 2014. JLL’s Hasbrouck Heights office are handling the assignment, along with managing directors Robert Kossar and David Knee; and VPs Chris Hile and Blake Chroman.

“It gives interested tenants an opportunity for immediate occupancy of warehousing and distribution space in the Meadowlands submarket,” Kossar says. “Besides its proximity to the ports, the property’s close proximity to Manhattan makes this a great location for companies that need to travel into the city on a daily basis.”

Action Emco’s space, which includes 15,000 sf of office and showroom area, is part of a 316,000-sf, 23-year-old industrial complex located within this city’s urban enterprise zone. The company ceased operations here in mid-October, an action that included layoffs of more than 100 employees.

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?

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