Thursday, May 3, 2012

RPM Renews 304,000-SF Industrial Lease

"RPM Warehousing & Transportation has renewed its lease for 304,000 square feet at Avidan Management's industrial building at 99 Hook Rd. in Bayonne, NJ.

Located on 20 acres, the 500,000-square-foot warehouse facility is located on State Route 169, just minutes from the New Jersey Turnpike, Holland Tunnel, Bayonne Bridge, Staten Island and Brooklyn. The property features reinforced concrete floors, heaters, 40-foot column spacing and 24-foot ceiling heights. There are a total of 50 exterior doors with dock levelers, three interior doors, 10 rail doors and ample parking.

"We're extremely pleased that RPM Warehouse has made the decision to remain at our Bayonne facility," stated Avi Avidan, managing member of Avidan Management. "As one of the most active and well-established warehousing and transportation companies operating in the port area, RPM is exactly the type of high-quality tenant that we value."

Avidan will be upgrading the property to include site work and the creation of two new access points directly on Route 440 and Lafante Way, in addition to the existing entrance on New Hook Road. Avidan Management is based in Elizabeth, NJ with strong roots in northern New Jersey and a portfolio that totals nearly 3 million square feet in nine facilities."

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.