SHORT HILLS, NJ, August 12th, 2024 –The Blau & Berg Company, a prominent commercial real estate brokerage firm in the New Jersey and Tri-State area since 1932, has secured a tenant for the ± 19,440 SF, 36-door terminal sitting on ± 4.2 AC at 530 Duncan Avenue in Jersey City. Blau and Berg represented the landlord, Brookfield Properties. Blau & Berg’s Jason Crimmins, CCIM, SIOR, Alessandro (Alex) Conte, CCIM, SIOR, and Peter J. Murano Jr., SIOR brokered the lease.
Located off Duncan Avenue and Route 440, adjacent to the Pulaski Skyway, this 36-Dock Terminal is just minutes outside of Manhattan’s access points and is in close proximity to Newark Liberty International Airport, the ports of Newark and Elizabeth, and NJ Turnpike Interchange 15E.
‘We were pleased to represent Brookfield Properties on this Jersey City asset,” stated Jason Crimmins, President of Blau & Berg. “We were confident that there would be significant interest as this terminal, located on 4.2 acres, is in an exceptional location with proximity to the ports. The site offers multiple dynamic usage options, as it could be utilized for IOS, LTL, ecommerce, or other logistic purposes. The location, less than 5 miles from the ports of Newark and Elizabeth as well as the Global Terminal, was a valuable advantage for any prospective tenant.”
