Mayrock Group Leases Industrial Property At Crossroads Commerce Center In North Brunswick | 1980 Brunswick Pike | Morgan Nitti, Christine Eberle, David Gheriani, Jeff Volpi, Bill Waxman, Mindy Lissner | Industrial | Lease

Summary

Lease

NEW JERSEY

Industrial

191,481 sqft

The industrial property located at 1980 US Route 1 in North Brunswick spans a total of 191,481 square feet. The site, part of Crossroads Commerce Center, was leased to Mayrock Group, an automotive manufacturer and 3PL provider. It offers built-to-suit office space, a 40-foot clear height, 29 tailboard doors, two drive-in doors, and 31 trailer parking spots.

Summary of transaction details:

Property Type: Industrial
Transaction Amount: Not specified
Address: 1980 US Route 1
Market: North Brunswick
Landlord: Kamal Bhatia - Principal Asset Management
Brokers: Bill Waxman, Christine Eberle, David Gheriani, Jeff Volpi, Mindy Lissner & Morgan Nitti - Cushman & Wakefield

Cushman & Wakefield's team played a crucial role in managing the transaction. The team, representing the landlord, Principal Asset Management, included Mindy Lissner, Bill Waxman, Christine Eberle, David Gheriani, Jeff Volpi, and Morgan Nitti. Lissner highlighted the strategic location of Crossroads Commerce Center, underscoring its position as a prime logistics hub in New Jersey's distribution corridor.

Players

All
7

Agents
6
Agencies
1

$60M Sold

$60M Sold

$82.5M Sold

$65.9M Sold

$139.9M Sold

$93.2M Sold

Details

Deal Summary

LEASED

IMAGE: 04/30/2024 ADDRESS: 1980 US Route 1 MARKET: North Brunswick ASSET TYPE: Industrial ~ SF: 191,481 LANDLORD: Kamal Bhatia - Principal Asset Management BROKERS: Bill Waxman, Christine Eberle, David Gheriani, Jeff Volpi, Mindy Lissner & Morgan Nitti - Cushman & Wakefield NOTE: Cushman & Wakefield has facilitated a full-building lease at Crossroads Commerce Center in North Brunswick, totaling 191,481 square feet, to Mayrock Group, an automotive manufacturer and 3PL provider set to occupy the entire property. The transaction was managed by Cushman & Wakefield's team representing the landlord, Principal Asset ManagementSM, including Mindy Lissner, Bill Waxman, Christine Eberle, David Gheriani, Jeff Volpi, and Morgan Nitti. Lissner emphasized that Crossroads Commerce Center, situated on 17 acres along U.S. Route 1, is a prime logistics hub in New Jersey's distribution corridor, offering built-to-suit office space, a 40-foot clear height, 29 tailboard doors, two drive-in doors, and 31 trailer parking spots.

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Address1980 Brunswick Pike

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