TCC Signs Industrial Lease at Arsenal Trade Center

On Jun 28, 2024

Trammell Crow Company (TCC), a global commercial real estate developer, announced that it has signed a full-building lease at Arsenal Trade Center (Arsenal), a 1 million-square-foot logistics center in Sayreville. JW Fulfillment, Inc., a wholesale distribution company, leased 342,371 square feet at the property, located at 99 Callahan Boulevard. Arsenal was completed earlier this year and was developed in partnership with CBRE Investment Management, on behalf of a fund the firm manages.

“Arsenal Trade Center is strategically located in the heart of the largest and most dynamic consumer market in the world. Despite the region’s importance to virtually all major global corporations, logistics projects of this scale and design quality are rare in the market,” said Andrew Mele, Market Leader for TCC’s Northeast region. “Arsenal was developed to world-class standards, with the needs of today’s most sophisticated occupiers – now and in the future – at the forefront of every design decision. We’re incredibly proud of the result and thrilled that JW Fulfilment has chosen Arsenal.”

Two full-building opportunities of 285,000 and 451,602 square feet, respectively, remain at Arsenal, with availabilities starting at 80,000 square feet. The LEED-Gold certified project features 40’ clear ceiling-heights, above-standard car and truck parking, abundant and scalable power availability, and a 30-year PILOT in-place.

The CBRE team of Tom Monahan, Larry Schiffinhaus and Brian Golden are responsible for the marketing and leasing of the development. Charles Fern and Jimo Liu of C&W represented the tenant in lease negotiations.

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