New Jersey’s industrial market has been busy with deals, and another large lease has emerged.
Global logistics and shipping container firm Maersk signed a lease for 233,000 square feet at 200 Linden Logistics Way in Linden, New Jersey, the Commercial Observer reported. The six-figure lease represents nearly half of the 516,000-square-foot distribution facility.
The sponsorship team of the larger Linden Logistics Center is a joint venture of PGIM Real Estate, Advance Realty Investors and Greek Real Estate Partners. The building at 200 Linden Logistics Way is part of the aforementioned center, which spans 4.1 million square feet and sits less than 25 miles from Manhattan…