Hartz Mountain Industries is re-developing a 450,000 square-foot distribution center in Secaucus formerly used by Panasonic as a warehouse and counter for Ferguson Enterprises, Inc. (Ferguson).
In addition to modernizing the façade and creating a like-new first class facility, Hartz is raising the ceiling height from 24’ to 32’ and preparing the space to accommodate the unique environment that has enabled Ferguson to become the country’s largest plumbing supplies wholesaler.
“Ferguson is just the second tenant on the site in more than 40 years and introduces yet another edge on the identity of the Harmon Cove district,” says Emanuel Stern, president and COO of Hartz Mountain Industries. “Harmon Cove established the vitality of the Meadowlands as a commercial hub when Panasonic announced it would site its US headquarters there in 1969. Since then, every conceivable asset class has thrived at Harmon Cove, with its phenomenal location near the Ports, NYC and the world¹s best highway system right at its front door.”
“Hartz’s portfolio has seen a second generation of use at many of its legacy sites,” says Ernest A. Christoph, Senior Vice President Sales & Leasing. “The Ferguson facility is very specific to the company¹s business strategy and is the latest example of our ability to reinvent prime locations to attract esteemed users.”
Ferguson credits its rise to being the leading plumbing supplier to The Ferguson Counter concept, which connects professional and do-it-yourself customers with expert advice and the largest selection of quality brands. The Counter’s inventory is presented in clean, clutter-free aisles with neatly stocked and labeled products. Customers who know what they want or are in a hurry can simply call the counter and their order will be ready for pick-up on short notice.
“As Ferguson continues to grow and expand in the New Jersey / New York markets, the proximity to our customers becomes increasingly important,” said Don Swain, Ferguson’s Manager of Real Estate Development. “The Harmon Cove district and former Panasonic facility is a great fit for our needs and will allow us to get product to our customers quickly and efficiently.”
Ferguson’s new counter and warehouse is scheduled to open for professional trade customers in first quarter of 2015.Related Articles: