Cushman & Wakefield Marketing New 4.2M SF Industrial Park In Old Bridge For Lease
Central 9 Logistics Park in Old Bridge will be marketed for lease on an exclusive basis by Cushman & Wakefield, according to a Tuesday announcement from the broker.
C&W’s Mindy Lissner, Bill Waxman, David Gheriani, Christine Eberle and Chris Griffith will be marketing the industrial park for lease on behalf of ownership, 2020 Acquisitions.
Located with direct access off of Route 9 in Middlesex County, Central 9 Logistics Park is a 4.2 million-square-foot, nine-building industrial development expected to be delivered starting the first quarter of 2023.
“Central 9 Logistics Park is a cutting-edge development in one of the most desired industrial markets in the country,” said Lissner. “The asset’s centralized location has unrivaled reach to over 100 million consumers and an exceptional labor pool. The park sits on Route 9 with dedicated traffic lights accessing every warehouse and can be accessed using New Jersey Turnpike exits 11, 10 and 9, providing for multiple modes of ingress and egress.”
Construction of the industrial park is expected to begin in April 2022 and will be rolled out in three phases. Upon completion, each building will feature 40-foot clear heights, office area, state-of-the-art features including LED lighting and generous parking with additional trailer storage. The nine buildings range from 150,000 square feet to 950,000 square feet.
“We are thrilled to be working with 2020 Acquisitions to market and lease this premier industrial park, which is ideally suited for a multitude of uses including e-commerce, warehouse and distribution,” Waxman added.