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Article: 432,000 s/f industrial lease renewed at Bayway.(LEASES)
- Article from:
- Real Estate Weekly
- Article date:
- April 15, 2009
CopyrightCOPYRIGHT 2009 Hagedorn Publication. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Matrix Development Group announced a 432, t40 s/f lease renewal with Cory Furniture at Bayway Industrial Center.
This lease represents one of the largest industrial transactions in New Jersey in quite some time.
Located within Elizabeth, N.J.'s Urban Enterprise Zone, the industrial center offers more than 1 million square feet of medium industrial warehouse space within four stand-alone buildings. The property is currently 75 percent leased.
"Cory Furniture has operated out of this location for more than 40 years and we are pleased that they continue to ...