NAI DiLeo-Bram inks 308,000 s/findustrial lease at Bridge Point Somerset
Somerset, NJ — NAI DiLeo-Bram & Co., a leading full-service commercial brokerage firm, recently announced that it closed a long-term 308,000 s/f industrial lease at 481 Weston Canal Rd. in Somerset.
Eric Bram Johnston, principal, and Christopher Galiano, executive vice president of NAI DiLeo-Bram, represented the tenant in this transaction.
The tenant, a furniture manufacturer, is relocating most of its operations from Edison, to this location. The newly constructed property was developed and is owned by Bridge Development Partners, LLC.
“We are pleased to have helped our client negotiate a lease at this class A industrial property,” said Johnston. “This newly constructed property offers our client the opportunity to grow its business in a corporate park setting. Excellent access to the New Jersey Tpke. and major road networks allows for quick access from the ports and offers the ability to transport their product easily throughout the northeast,” he added.
“Working on this transaction when the pandemic began was extremely challenging, but all parties stayed in constant contact to work through the myriad of issues that needed to be solidified,” said Galiano.
Bridge Development Partners, LLC, was represented by Jones Lang LaSalle.
418 Weston Canal Rd. is a 308,550 s/f industrial building located within Bridge Point Somerset, a newly constructed three-building class A industrial corporate park. The building features 36-foot clear ceiling heights, 78 trailer stalls, 50 loading docks and two electrically operated drive-in doors.