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CenterPoint Leases to Bunzl in Exit 8A, Readies 2 More Near Port for Lease

CenterPoint Properties has signed a five-year lease for a 223-thousand-square-foot warehouse in the tight Exit 8A submarket to Bunzl, a global distributor of products to food processors, supermarkets, and various other users. Closer to the port, CenterPoint’s construction team is also wrapping up repositioning work on a pair of logistics facilities available for lease.

“We’re thrilled to continue to serve this top-flight tenant in a highly desirable submarket and to be putting the finish touches on two other extraordinarily well-located assets that offer outstanding access to port operations and critical roadways,” said David Nenner, CenterPoint’s senior vice president of asset management for the East Region.

Nenner said 180-thousand-square-feet of space is available for lease at 30-100 Pulaski St. in Bayonne. The building has 28 dock doors – six interior – and a 3,000-square-foot office, while the 10-acre property can accommodate parking for more than 100 cars.

“The Pulaski Steet location is appealing to New Jersey users and those in New York’s boroughs looking for a New Jersey footprint,” said Nenner. “This is simply a solid distribution facility located minutes from the Global Terminal and Lower Manhattan through the Holland Tunnel.”

Cushman and Wakefield’s Bill Waxman, Jeff Volpi, and Morgan Nitti represent CenterPoint in leasing the available space on Pulaski Street.

The other property CenterPoint is repositioning is at 896 Frelinghuysen Ave. in Newark. Cushman & Wakefield’s Larry Casey and Robin Ritter-Ceriello represent CenterPoint to lease the 82,360-square-foot building. The 5-acre property offers users a strategic location minutes from Newark Airport, among other high-value features, including a fenced and secured yard.

“896 Frelinghuysen definitely stands out in this area thanks to its combination of easy access to the port and Newark Airport along with a high door count and plenty of parking,” Nenner said.

Disclaimer: Sponsored content articles do not reflect the opinions of New Jersey Business Magazine or the New Jersey Business & Industry Association.

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