SHORT HILLS, NJ, August 27th, 2024 –The Blau & Berg Company, a prominent commercial real estate brokerage firm in the New Jersey and Tri-State area since 1932, has closed a lease on the warehouse located at 331 Frelinghuysen Avenue, Newark. The facility offers ± 16,000 SF and sits on ± .53 AC. Blau & Berg’s Jason Crimmins, CCIM, SIOR, Alessandro (Alex) Conte, CCIM, SIOR, and Peter J. Murano Jr., SIOR, secured the lease.
331 Frelinghuysen is ideally located approximately 1 mile from Newark Liberty International Airport, and the ports of Newark and Elizabeth. The property sits 2 miles from the NJ Turnpike, Interchange 14 and 8 miles from New York City via the Holland Tunnel.
“The new tenant at 331 Frelinghuysen Avenue is a distribution company and were looking for space with a priority on location,” said Peter Murano, Managing Executive Director of The Blau & Berg Company. “The convenient access to several local highways from this property was a fit with their strategic needs. This facility also falls into the lower end size-wise of what we are continuing to see persistent demand for, specifically spaces offering under ± 75,000 SF.”
