4th Annual NJREC

Business News

Feb 1
Jones Lang LaSalle Named Exclusive Leasing Agent for the Approximately 830,000-SF T-10 Commerce Center in Edison By Betsy Kraat

HASBROUCK HEIGHTS--Jones Lang LaSalle announced that it has been appointed the exclusive leasing agent for Turnpike-10 (T-10) Commerce Center, located at 3003 Woodbridge Ave., Edison. This property is strategically located adjacent to Exit 10 of the New Jersey Turnpike at the I-287 interchange.

This 831,427-sf warehouse and distribution facility has approximately 600,000 sf of remaining space available for lease. The property also has an additional 24.4 acres for future development.

The property is owned and managed by KTR Capital Partners, a real estate equity fund manager and operating company specializing in the industrial property sector. KTR has made substantial renovations and improvements to the facility, including a new façade, ESFR sprinkler system, expanded truck courts and loading doors, T5 warehouse lighting system and macadam parking lot. Additionally, the floors, walls and ceilings have been completely refurbished, and all mezzanines and interior process rooms have been removed to restore high clear height and create an open floor plan. These improvements are now substantially complete, with the building ready for near immediate occupancy.

The remaining space at the T-10 Commerce Center is designed to accommodate one or multiple tenants. The building offers NJ Turnpike frontage, ample truck loading, trailer parking and car parking. Additionally, a portion of the facility has 45-foot ceilings, with the balance of the space offering 30-foot clear height ceilings, making the building an ideal distribution center for companies looking to take advantage of significant cubic space.

This leasing assignment is being handled by Jones Lang LaSalle's New Jersey industrial brokerage team, including Robert Kossar, David Knee, Chuck Fern, Joel Lubin, Bob Sager, Chris Hile and Blake Chroman.

Jones Lang LaSalle
www.joneslanglasalle.com

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