Advance Industrial Group brokers Newark lease

Rittwager inks lease at 449 Doremus Ave.

NEWARK, NJ — Advance Industrial Group has facilitated the leasing of 449 Doremus Ave., a nearly seven-acre industrial site near Port Newark-Elizabeth, on behalf of Garden State Cold Storage and Ruggiero Seafood Inc. & Affiliates.

The property has been repositioned and modernized by ownership groups Deugen Investment Group and Devli Real Estate. Their investment has transformed the site into a rare, low-coverage infill industrial parcel that combines functional warehouse space with critical industrial outdoor storage (IOS) and trailer parking capacity in one of the most supply-constrained markets in the country.

Anthony Rittwager, CCIM, SIOR of Advance Industrial Group represented Garden State Cold Storage and Ruggerio Seafood Inc. while the landlord was represented by The Blau & Berg Company.

“In one of the nation’s most supply-constrained markets, deals like this don’t just happen; they’re the result of creative stakeholders coming together from all sides to architect a shared vision.” said Rittwager. “This beautifully renovated site provides Garden State Cold Storage with vital additional warehouse and IOS capacity as it moves forward with its newly approved 160-foot tall, 156,000 s/f, AI-driven, flagship cold-storage facility in Newark’s East Ward. Together, these projects highlight Newark’s growing role as a hub for next-generation logistics, resilient supply chain infrastructure, and sustainable industrial development.”

The site offers ±30,000 s/f of industrial warehouse space with 40-foot clear heights, and dual overhead 5- and 35-ton cranes located in the city’s heaviest industrially zoned region. Situated on ±6.94 acres, the property also provides expansive paved, fenced, and lit industrial outdoor storage including tractor-trailer parking; a most prized resource for logistics and port-centric users. Another strategic advantage is the site’s elevated grade being among the highest in the port district, a challenge that can affect low-lying industrial sites near the Port Newark-Elizabeth complex.

Located less than two miles from Port Newark-Elizabeth and in immediate proximity to Newark Liberty International Airport, the New Jersey Turnpike, and Interstate 78, the site offers unmatched connectivity to NYC, regional distribution networks, and national transportation corridors.

Ruggiero Seafood, Inc. and its affiliated companies have been a cornerstone of Newark’s industrial community for nearly 100 years. Founded in 1928, the family-run business has grown from a small fish market into a global seafood leader, distributing more than 7.5 million pounds annually. Through Garden State Cold Storage, RSI operates one of the region’s highest-rated cold storage platforms, handling over 400,000 pallets and 6,500 trucks and trailers each year, while continuing to expand its footprint with next-generation facilities that support both its supply chain and Newark’s economy.