NAI James E. Hanson and Cushman & Wakefield Negotiate Lease for 79,076 Square Feet of Industrial Space in Carlstadt, N.J.
Carlstadt, N.J. – NAI James E. Hanson, the largest New Jersey-based full-service independent commercial real estate firm, announces the lease of 79,076 square feet of industrial space at 100 Industrial Road in Carlstadt, N.J. NAI James E. Hanson’s Scott Perkins, SIOR, CCIM, Chris Todd, SIOR and William Ericksen, CCIM, represented the landlord in the transaction with the tenant, AxleHire, who was represented by Robin Dodson, Stephen Elman, SIOR, and John McManus of Cushman & Wakefield.
AxleHire is an expedited urban last-mile delivery service that leverages purpose-built technology to provide customers with a superior same and next-day delivery experience. AxleHire operates in 17 of the 25 major U.S. metro urban areas across the U.S., enabling high-volume shippers to consistently cater to the rising needs and expectations of their customers.
Located on the eastern edge of Bergen County, 100 Industrial Road is a 142,815-square-foot industrial building featuring 21’ceiling height, 21 tailgates, 110’ of truck court depth and ample on-site parking. it also features proximity to Routes 3, 17, 21, 46, Interstate 80 and the New Jersey Turnpike and is less than 15 miles from the George Washington Bridge.
Utilizing its innovative marketing strategies and on-the-ground presence, NAI James E. Hanson was able to help its client find a reputable tenant in the highly competitive northern New Jersey industrial market. AxleHire will utilize the new space’s proximity to the area’s major trucking routes to expand its presence within the New York City metro area.
“Competition continues to be fierce for well-located industrial properties with access to the major trucking routes in the New York City metropolitan area,” said Perkins. “Tenants with last-mile delivery needs continue to dominate the market and have placed landlords in an advantageous position to maximize the values of their assets. We’re happy that our experience within the market provides the solutions needed to bring these deals across the finish line and provide value for our clients.”