EAST WINDSOR, NJ — Dermody Properties, a national private equity real estate investment, development and management company focused exclusively on the logistics real estate sector, has leased the property at 150 Milford Rd. in East Windsor to National Tree Company (NTC), a national leader in the seasonal décor industry. NTC will lease the entire 608,442 s/f building for seven years.
“This year, we’ve seen consistent uptrends in e-commerce in many areas of the country and New Jersey is no exception,” said Gene Preston, East Region partner at Dermody Properties. “We worked collaboratively with East Windsor Township to upgrade and improve the building’s functionality, making it ideal for this customer’s robust operations that will serve its national customer base.”
Recent improvements to 150 Milford Rd. include an upgraded sprinkler system to ESFR, new LED warehouse lighting and a repaved truck court.
“This property at 150 Milford Road presented the opportunity for us to consolidate our three smaller New Jersey warehouse locations into one in East Windsor,” said Don Kelley, chief executive officer at National Tree Company. “This is a critical move in allowing us to expand our e-commerce operations with improved efficiency.”
For nearly 60 years, NTC has been a leading importer and wholesaler of artificial Christmas trees, wreaths and garlands as well as holiday decorations and fiber optics products. The company sells its products to several major retailers including Amazon, Wayfair, Target, Macy’s, The Home Depot and Lowe's, and primarily sells on the web platform of these retailers and fulfills orders from its warehouse direct to the end consumer.