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  • Writer's pictureMAREJ

Camber Real Estate Partners acquires 88,220 s/f ind. facility

EAST HANOVER, NJ — Camber Real Estate Partners announced the acquisition of an 88,220 s/f industrial facility in East Hanover. Located at 601 Murray Rd., the property is situated on 6.3 acres near the intersection of Rte. 10 and Ridgedale Ave. The acquisition comes on the heels of the New Jersey-based real estate investment management firm’s April purchase of 100 Industrial Rd., a 77,875 s/f warehouse property in Berkeley Heights, that was vacant at the time of the purchase, but is now fully leased to two credit-worthy tenants on a long-term basis. Immediately following the acquisition of 601 Murray Rd., Camber agreed to a five-year lease renewal with the property’s largest tenant, and is preparing 60,000 s/f unit for lease. With 24-foot ceiling heights, 40-by-40-foot column spacing, 800a heavy power, seven loading positions and a small, well-appointed office suite, 601 Murray Rd. is ideally suited for an array of tenants.


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