Elizabeth Industrial for Lease - Parkway Cranford Corridor
The Blau & Berg Company is pleased to present the Elizabeth Metropolitan Logistics Center to the market for brand-new, heavy industrial user leasing in Elizabeth, New Jersey. The center is currently undergoing its last construction phase and will be available to lease in October 2024. Consisting of two warehouse buildings, building one offers 103,912 square feet, and building two offers 196,087 square feet, with both built-out with 3,345 square feet of dedicated office space. Specifications of building one include 63 car parking spaces, 40’ clearance, 16 loading docks, one drive-in, 28 trailer stalls, and a power supply of 2,000 Amps 3-Phase 277/480V. Specifications of building two include 111 car parking spaces, 40’ clearance, 37 docks, one drive-in, 56 trailer stalls, and a power supply of 3,000 Amps 3-Phase, 277/480V. This premier industrial facility is just minutes outside Manhattan's access points and near Newark Liberty International Airport, Ports Newark and Elizabeth, and NJ Turnpike Interchange 13A. This enables strong industrial ties within the transportation sector to transport business cargo and personnel from the site efficiently.
Elizabeth Metropolitan Logistics Center is just three miles from Newark Liberty International Airport and the Freight Ports of Elizabeth and Newark. It is five miles to Newark Penn Station, eight miles to Goethals Bridge, and 11 miles to the Holland Tunnel. Kean University, a public, four-year university within three miles of the subject site, recently reached its record enrollment in the fall of 2024 with over 18,000 students enrolled globally. The university confirms psychology, business admin and management, and biological sciences as its top three studied majors, providing a well-rounded workforce for surrounding North End New Jersey industries and employers.
The Elizabeth Metropolitan Logistics Center’s surrounding five-mile demographics confirm a residential population of 721,712 and a daytime labor force of nearly 570,00. Industrial operators in New Jersey remain beneficiaries of growth in the logistics industry. As the e-commerce boom has created an increased need for warehouse and distribution space, many companies have looked to the Garden State's prime location in the northeast corridor. Northern New Jersey saw 159,000 jobs created during the past 12 months through 24Q2, a decisive tally only about 5% lower than the prior-year period. Mining, construction, education, and health services have been the primary drivers of job creation during this period.
Inquire today about leasing space at the Elizabeth Metropolitan Logistics Center and all it offers as a premier, brand-new industrial campus adjacent to Newark Liberty International Airport.
