Real Estate

Seagis Property Group Acquires 274,000 Square Feet in Northern NJ

Seagis Property Group has acquired four Northern New Jersey warehouses since the start of 2019. The fully leased properties were acquired in separate transactions and include 100 Frontage Road in Newark (180,000 square feet), 400 County Avenue in Secaucus (45,000 square feet), 27 Engelhard Avenue (26,000 square feet) in Avenel, and 360 Allwood Road (23,000 square feet) in Clifton. Seagis now owns 32 buildings totaling 4.7 million square feet throughout Northern New Jersey.

“We are pleased to announce the acquisition of these well-located assets which further enhance our presence in one of the most dynamic industrial markets in the country,” Brian Tozer, vice president – Seagis Property Group.

Seagis Property Group LP owns and operates 11 million square feet of industrial buildings in logistically driven locations along the Eastern Seaboard. Seagis is headquartered in suburban Philadelphia, with offices at One Tower Bridge, 100 Front Street, Suite 350, Conshohocken, PA 19428.

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