SHORT HILLS, NJ, January 8, 2024 – The Blau & Berg Company, a prominent commercial real estate brokerage firm in the New Jersey and Tri-State area since 1932, has arranged the sale of ±1.42 AC on Tompkins Road in Newark. Laura Crimmins, SIOR, of The Blau & Berg Company represented the buyer, Atlanta-based Axis Electrified Solutions. Jason M. Crimmins, CCIM, SIOR, Alessandro (Alex) Conte, SIOR, and Peter J. Murano, Jr., SIOR of The Blau & Berg Company represented the seller, 275 Pacific LLC.
The site is earmarked to become New Jersey’s first high-end electric truck charging lot. Located near Newark Liberty International Airport and the New York and New Jersey port area, and with direct access to Routes 21, 9 and the New Jersey Turnpike, the project will offer optimized charging solutions once completed in the fourth quarter of 2024.
“Working with Axis was a wonderful, professional experience,” said Laura Crimmins, Executive Director with Blau & Berg, “They knew exactly what type of property they wanted and their focus on their specific needs resulted in a seamless process from start to finish. The location of this property is ideal for their innovative business concept, and I look forward to following their success once the facility is completed end of year.”
Jamie Coffin of Axis discussed the deal and his relationship with Blau & Berg, stating that “Axis was eager to find a sizable location in close proximity to several key landmarks in the Northern New Jersey and New York City area, namely the port of Newark, the New Jersey Turnpike and Newark Liberty International Airport and we are excited about the opportunity to develop this charging facility on Tompkins Point Road that will serve all forms of electric vehicles. Laura Crimmins and the team at Blau & Berg were great to work with, their long-standing reputation as knowledgeable brokers in this key North Jersey hub was important to us and we were pleased with their representation in this acquisition.”