February 19, 2019
The Blau & Berg Company, a prominent commercial real estate brokerage firm in the New Jersey and Tri-State area since 1932, recently brokered the lease of a 14,100 SF and 2-acre property located at 527 Springfield Road, Kenilworth, NJ, to Tesla, Inc. Brad P. Jacobs, Director, and Tamara J. Blau, Director of The Blau & Berg Company jointly represented the landlord, Dana Development Company, LLC and the tenant in the transaction.
The property features a 5-bay garage, large fenced in parking area and a 14,100 SF warehouse with additional parking, loading docks and a drive-in overhead door. LNR Auto Transport, a company that provides vehicle shipping solutions to top automotive manufacturers, operates the space on behalf of Tesla, Inc., servicing as well as transporting Tesla vehicles from Fresno, CA to New Jersey, and ultimately delivering them directly to area dealers and clients.
“Tesla has transformed the car industry narrative with its renewable energy and self-driving vehicles. It was a pleasure to work with both Dana Development and Tesla allowing us to make this site fully operational, serving as a win-win for both the town and this major national company. Tesla continues to transcend and expand their distribution on the east coast and we were proud to be a part it,” said Brad P. Jacobs and Tamara J. Blau.
About The Blau & Berg Company
The Blau & Berg Company (www.blauberg.com) was founded in 1932 and holds a leading position in the New Jersey and Tri-State commercial real estate market. Headquartered in Short Hills, New Jersey, The Blau & Berg Company is an independent, full-service commercial real estate brokerage firm, providing expert and personalized services in industrial, office and retail real estate, including: site selection, acquisitions, dispositions, leasing, tenant representation, portfolio sales, asset repositioning, and property & construction management.