Bayonne, N.J. – NAI James E. Hanson has been selected as the leasing team for the 613,129-square-foot located at 130 and 169 Pulaski Street and 73-79 Gould Street in Bayonne, New Jersey.
NAI James E. Hanson’s Russell Verducci, SIOR, Eric Demmers, and Colin Goldstein will oversee the assignment on behalf of the owner, Turnbridge Equities.
Spread across 17.9 acres at the intersection of I-78 and Route 440, Bayonne Distribution Center comprises three buildings ranging from 18,748 to 433,204 square feet and a 2.3-acre industrial outdoor storage (IOS) lot. Located less than a mile from Port Bayonne and Port Newark, the site offers exceptional connectivity to the New Jersey Turnpike, Garden State Parkway, and both the Holland and Lincoln Tunnels.
The largest building, 169 Pulaski Street, spans two stories and features 28 loading docks with ceiling heights ranging from 14 to 26 feet. The adjacent two-story building at 73-75 and 77-79 Gould Street totals 67,177 square feet and includes two interior and two exterior loading docks, one drive-in, and 14-to 28-foot ceilings. The 18,748-square-foot building at 74-76 Gould Street includes three tailgates, 14-foot ceilings and a 1.8-acre attached IOS lot. Rounding out the property, 130 Pulaski Street is a 2.3-acre IOS lot with direct access to Route 440.
Turnbridge Equities acquired Bayonne Distribution Center earlier this year and plans to invest over $12M to bring the property up to modern industrial standards. The project is expected to be completed in 2026. This acquisition continues NAI James E. Hanson’s relationship with Turnbridge Equities, which began in 2019 when Verducci and Demmers were tapped as the leasing team for Ballantine Industrial Center, a 726,525-square foot adaptive reuse of a former brewery in Newark’s Ironbound district.
“Turnbridge Equities has spent the past decade building a strong track record as a leading owner of institutional-grade industrial assets nationwide,” said Verducci. “We’re proud to continue our partnership with their team and look forward to bringing top-tier industrial tenants to this strategically located and highly adaptable property.”
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