CARLSTADT, N.J. (Jan. 15, 2015) — NAI James E. Hanson, a leading New Jersey-based commercial real estate firm, today announced that Grimco Inc. has leased 12,000 feet of space at 140 Grand St., a 30,000 square-foot industrial property in Carlstadt, N.J.
The property is owned by Prologis NAI Hanson Senior Vice Presidents Jeffrey W. DeMagistris, SIOR and Thomas A. Vetter, SIOR represented Grimco in the transaction.
Grimco Inc., a distributor of products for the sign industry intends to use the space as a distribution facility. The single-story warehouse features 18-foot ceilings with 30’x 33’ column spacing, which allows for easy maneuvering of large products and heavy machinery. It also boasts three loading docks.
Along with its desirable features, the building is located in the sought-after Meadowlands industrial submarket, near several major roadways including the NJ Turnpike, Route 17 and Route 46,
“Grimco Inc. wanted to locate in an industrial area that would enable its expansion into the northeastern region,” DeMagistris explained. “We worked closely with our client to identify a property that would provide good access to important markets like Newark, Jersey City and New York City.”
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About NAI James E. Hanson
Since 1955, NAI James E. Hanson has been a leading independent full-service brokerage commercial real estate and property management firm serving a diverse client list. NAI Hanson offers its clients strategic solutions and provides comprehensive value-added services such as office, industrial and retail brokerage, investment sales, land sales, management, government services and financing expertise.
NAI Hanson is also one of the original members of NAI Global, an international commercial real estate network with 400 offices spanning the globe. For more information on NAI James E. Hanson, contact William C. Hanson, SIOR, at the company’s Hackensack office at 201-488-5800 or visit www.naihanson.com.