NAI Hanson Negotiates Lease to Bring Warehouse and Distribution Company to Secaucus, N.J.

8/23/17

NAI James E. Hanson, a leading New Jersey-based full-service independent commercial real estate firm, announces it has negotiated a lease for 17,900 square feet of industrial space at 300 Castle Road in Secaucus, N.J. to K&C Warehousing, LLC. NAI Hanson’s Russell Verducci and Eric Demmers represented the lessee, K&C Warehousing, LLC., in the lease transaction with the landlord, MRH Real Estate Services, LLC.

300 Castle Road is a 61,000-square-foot, two-story industrial building less than a mile from the New Jersey Turnpike in the heart of Secaucus’ industrial zone. K&C Warehousing will be leasing 17,900 square feet of space at the property to relocate their e-commerce distribution and warehousing business from Jersey City. The space which offers 24’ ceilings and two loading docks, as well as close proximity to the Lincoln and Holland Tunnels and the Secaucus train station, make it ideally suited for a rapidly growing warehousing and distribution company.

“Secaucus provides excellent logistical access and a strong labor pool making it an enticing location for warehousing and distribution tenants like K&C Warehousing,” said Verducci. “As real estate prices increase along the New Jersey Gold Coast, companies will continue to look for more affordable yet well-located industrial buildings for a wide variety of applications. K&C Warehousing’s new location at Castle Road will allow them to continue to grow their distribution capabilities and expand their e-commerce business from a well-positioned building.”

NAI James E. Hanson’s industrial team recently published their Q2 2017 Northern and Central New Jersey Industrial report, which highlights market trends and key data for industrial space throughout the region. To stay connected with NAI James E. Hanson and for updates on the latest transactions and news, please follow NAI Hanson on Facebook (www.facebook.com/NAIHanson), Twitter (@NAI_Hanson), and LinkedIn (www.linkedin.com/company/nai- james-e-hanson).

About NAI James E. Hanson

Since 1955, NAI James E. Hanson has been a leading independent full-service brokerage commercial real estate and property management firm serving a diverse client list. NAI Hanson offers its clients strategic solutions and provides comprehensive value-added services such as office, industrial and retail brokerage, investment sales, land sales, management, government services and financing expertise.

NAI Hanson is also one of the original members of NAI Global, an international commercial real estate network with over 400 officesspanning the globe. For more information on NAI James E. Hanson, contact William C. Hanson, SIOR, at the company’s Hackensack office at www.naihanson.com.

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