Denholtz Associates, a privately held, fully integrated real estate development, investment and management company, has announced that CLIO, LLC has signed a lease for 20,300 square feet of industrial space at 141 Ethel Road West in the Piscataway Corporate Center in Piscataway.
Previously based in Roselle, CLIO, LLC will utilize the 20,300-square-foot space at 141 Ethel Road West to manufacture and distribute their chocolate-dipped Greek yogurt bars. The rapidly growing company currently sells its products online and in leading retail establishments such as Harris Teeter, Market Basket, ShopRite, Whole Foods Market’s Northeast region, and Walmart.
The Piscataway Corporate Center is a 65,000-square-foot, two-building industrial park offering excellent access in its location between Route 1 and I-287 and the Edison NJ Transit Station. The buildings boast 22-foot ceilings, energy efficient HVAC systems and ample parking. The combination of a superior location and a flexible design made the Piscataway Corporate Center an ideal destination for CLIO to relocate their operations and provide the company with the space needed for continued expansion.
“Our ownership of small-bay industrial assets in some of New Jersey’s most in-demand markets allows us to provide homes for small and medium sized businesses looking for modern and accessible industrial spaces,” said Kristine B. Hurlbut, Senior Vice President of Leasing at Denholtz Associates. “As the industrial market continues to tighten in northern and central New Jersey, these spaces are vital to the backbone of our state’s economy, providing them with the space they need to efficiently operate and grow their businesses.”
“As we look to continue to grow our business, our team was highly selective in finding a home that provided us with a flexible layout and modern features” added Sergey Konchakovskiy, Chief Executive Officer of CLIO Snacks. “We were able to find that ideal combination at 141 Ethel Road West and we look forward to joining the diverse range of businesses that currently call the location home.”
Jaime Zimmel of Zimmel Associates represented Denholtz Associates in the transaction.
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