Clarion Partners has been a leading U.S. real estate investment manager for over 30 years.
Headquartered in New York with a presence in major markets across the United States,
Mexico and Sao Paulo, Brazil, they employ a national network of experienced professionals who bring a deep knowledge of local markets to every
investment decision. Clarion currently has $30 billion in total assets under management and 200 domestic and international investors. The company
invests in high quality properties, typically from the five key property types: office, retail, industrial, multifamily residential and hotel. Clarion Partners is
distinguished by a performance-driven approach, organizational stability and a mandate of accountability to their clients.
Carlisle Distribution Center
6 Logistics Drive
Carlisle, PA
800,000 sf
Lehigh Valley South Distribution Center
7570 Industrial Park Way
Macungie, PA
315,000 sf
ELIZABETH LOGISTICS CENTER
279,208 Square Feet
Available for Lease
New Jersey Turnpike Exit 13A - Elizabeth, New Jersey
Carlisle Distribution Center
70 Logistics Drive
Carlisle, PA
575,000 sf
NEW CONSTRUCTION
ASSET DESCRIPTION
Initial Premises:
279,208 square feet
Building Dimensions: 240’ x 1210’
Ceiling Height:
32’ clear
Trailer Parking: 54 -12’ x 50’ spaces with reinforced concrete dolly pad
Tractor Parking:
10 spaces
Loading Docks:
60 (9’ x 10’) heavy gauge overhead loading doors with 3” track systems.
Loading Door Equipment:
30,000 lb manual “pit” levelers with bumpers and seals.
Column Spacing:
52’ x 60’
Car Parking:
162 car parking spaces
Drive-in Doors:
3 (12’x14’) drive-in doors
Truck Court:
170’ deep truck court; concrete throughout
Office:
To Suit
Tenant: Whirlpool
Tenants: Barry Callebaut, USA and QPSI
Tenant: Exel Logistics
East Point Trade Center
350 and 351 Lingle Avenue
Palmyra, PA
1,400,000 sf
Raritan Center
1000 Industrial Avenue
Woodbridge, NJ
697,500 sf
Centerpoint @ 8A
1203 South River Road
South Brunswick, NJ
208,899 sf
Tenant: General Mills
Tenants: Parlux Fragrances; Fab.com; GPR Logistics
Tenant: Melissa & Doug Toys
Burlington Industrial Park
Burlington, NJ
I-295 and Rising Sun Road
Bordentown, NJ
440,550 sf
Cranbury Logistics Center
Cranbury, NJ
2,831,673 sf in 3 Buildings
1,572,226 sf in 4 Buildings
ELIZABETH PORT
AUTHORITY
MARINE TERMINAL
1,366,396 SF
1,008,236 SF
457,041 SF
Build-to-suit for Lease
Build-to-suit for Lease
Build-to-suit for Lease
888 Doremus Avenue
Newark, NJ
501,641 sf
Northend Industrial Park
South River, NJ
1,197,880 sf in 7 Buildings
Southview Industrial Park
South Brunswick, NJ
1,376,668 sf in 15 Buildings
Tenants: SalSon Logistics and Forward Air
Available for Lease
Available for Lease
NEWARK LIBERTY
INTERNATIONAL AIRPORT
CONSTRUCTION DETAIL
Building Construction: Architecturally articulated and insulated concrete panels
Floor System:
7” thick, 4000 PSI non-reinforced concrete slab on grade sealed with Ashford hardener sealant
Roof System:
Fully adhered 60 MIL EPDM (rubber) roof on rigid R-30 insulation with underside of decking painted white
E
NU
D
OWNER
E
AV
W
DO
AGENT
BUILDING SYSTEMS
Electric System: 2,500 amps, 480/277 volt, 3-phase, 4 wire service from a pad-mounted transformer to the building
Fire Protection:
Early Suppression Fast Response (ESFR) Sprinkler System
Heating System:
Roof-mounted cambridge air rotation, gas-fired, hot air furnaces
Lighting System:
T-5 light fixtures to provide 30FC at 36” above floor finish (open format)
ANDY SITZER
214-647-4929
[email protected]
JOE ZINGARO
214-647-4916
[email protected]
PAUL TOROSIAN
Mobile +1 609 410 8755
[email protected]
NATE DEMETSKY
Tel +1 732 590 4184
Mobile +1 609 672 3163
[email protected]
JOHN GARTLAND
Tel +1 732 491 2175
Mobile +1 201 492 0553
[email protected]
No warranty or representation, expressed or implied, is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of condition, withdrawal without notice, and to any special listing conditions, imposed by our principals.
OWNER
AGENT
www.ElizabethLogisticsCtr.com
Clarion Partners has been a leading U.S. real estate investment manager for over 30 years.
Headquartered in New York with a presence in major markets across the United States,
Mexico and Sao Paulo, Brazil, they employ a national network of experienced professionals who bring a deep knowledge of local markets to every
investment decision. Clarion currently has $30 billion in total assets under management and 200 domestic and international investors. The company
invests in high quality properties, typically from the five key property types: office, retail, industrial, multifamily residential and hotel. Clarion Partners is
distinguished by a performance-driven approach, organizational stability and a mandate of accountability to their clients.
Carlisle Distribution Center
6 Logistics Drive
Carlisle, PA
800,000 sf
Lehigh Valley South Distribution Center
7570 Industrial Park Way
Macungie, PA
315,000 sf
ELIZABETH LOGISTICS CENTER
279,208 Square Feet
Available for Lease
New Jersey Turnpike Exit 13A - Elizabeth, New Jersey
Carlisle Distribution Center
70 Logistics Drive
Carlisle, PA
575,000 sf
NEW CONSTRUCTION
ASSET DESCRIPTION
Initial Premises:
279,208 square feet
Building Dimensions: 240’ x 1210’
Ceiling Height:
32’ clear
Trailer Parking: 54 -12’ x 50’ spaces with reinforced concrete dolly pad
Tractor Parking:
10 spaces
Loading Docks:
60 (9’ x 10’) heavy gauge overhead loading doors with 3” track systems.
Loading Door Equipment:
30,000 lb manual “pit” levelers with bumpers and seals.
Column Spacing:
52’ x 60’
Car Parking:
162 car parking spaces
Drive-in Doors:
3 (12’x14’) drive-in doors
Truck Court:
170’ deep truck court; concrete throughout
Office:
To Suit
Tenant: Whirlpool
Tenants: Barry Callebaut, USA and QPSI
Tenant: Exel Logistics
East Point Trade Center
350 and 351 Lingle Avenue
Palmyra, PA
1,400,000 sf
Raritan Center
1000 Industrial Avenue
Woodbridge, NJ
697,500 sf
Centerpoint @ 8A
1203 South River Road
South Brunswick, NJ
208,899 sf
Tenant: General Mills
Tenants: Parlux Fragrances; Fab.com; GPR Logistics
Tenant: Melissa & Doug Toys
Burlington Industrial Park
Burlington, NJ
I-295 and Rising Sun Road
Bordentown, NJ
440,550 sf
Cranbury Logistics Center
Cranbury, NJ
2,831,673 sf in 3 Buildings
1,572,226 sf in 4 Buildings
ELIZABETH PORT
AUTHORITY
MARINE TERMINAL
1,366,396 SF
1,008,236 SF
457,041 SF
Build-to-suit for Lease
Build-to-suit for Lease
Build-to-suit for Lease
888 Doremus Avenue
Newark, NJ
501,641 sf
Northend Industrial Park
South River, NJ
1,197,880 sf in 7 Buildings
Southview Industrial Park
South Brunswick, NJ
1,376,668 sf in 15 Buildings
Tenants: SalSon Logistics and Forward Air
Available for Lease
Available for Lease
NEWARK LIBERTY
INTERNATIONAL AIRPORT
CONSTRUCTION DETAIL
Building Construction: Architecturally articulated and insulated concrete panels
Floor System:
7” thick, 4000 PSI non-reinforced concrete slab on grade sealed with Ashford hardener sealant
Roof System:
Fully adhered 60 MIL EPDM (rubber) roof on rigid R-30 insulation with underside of decking painted white
E
NU
D
OWNER
E
AV
W
DO
AGENT
BUILDING SYSTEMS
Electric System: 2,500 amps, 480/277 volt, 3-phase, 4 wire service from a pad-mounted transformer to the building
Fire Protection:
Early Suppression Fast Response (ESFR) Sprinkler System
Heating System:
Roof-mounted cambridge air rotation, gas-fired, hot air furnaces
Lighting System:
T-5 light fixtures to provide 30FC at 36” above floor finish (open format)
ANDY SITZER
214-647-4929
[email protected]
JOE ZINGARO
214-647-4916
[email protected]
PAUL TOROSIAN
Mobile +1 609 410 8755
[email protected]
NATE DEMETSKY
Tel +1 732 590 4184
Mobile +1 609 672 3163
[email protected]
JOHN GARTLAND
Tel +1 732 491 2175
Mobile +1 201 492 0553
[email protected]
No warranty or representation, expressed or implied, is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of condition, withdrawal without notice, and to any special listing conditions, imposed by our principals.
OWNER
AGENT
www.ElizabethLogisticsCtr.com
ECONOMIC INCENTIVES
ELIZABETH LOGISTICS CENTER
New Jersey Turnpike Exit 13A - Elizabeth, New Jersey
Grow NJ - Urban Transit Hub zone
The Elizabeth Logistics Center will qualify for a level of State incentives available to few newly constructed industrial projects in New Jersey.
Strategically located in an Urban Transit Hub, the site can provide a minimum incentive of $5,000 per year, per eligible new job at the site
for up to ten years through the revamped Grow NJ Assistance program. This “base” incentive will potentially be further increased by various
bonuses related to investment and other activities.
279,208 square feet
For example, a logistics or transportation company, creating 25 new jobs or retaining 35 “at risk” jobs in New Jersey, and moving to the new Elizabeth
Logistics Center, can earn $5,000 or more in incentives per year for every new job, and $2,500 per year for every retained, “at risk” job. A company
creating only 25 eligible new jobs at this site, and occupying 140,000 SF, could save a minimum of $1.25 million over ten years (if executing a lease
and renewal options totaling at least 15 years). This translates to a savings of almost $0.90/sf per year – even before considering the numerous
bonus incentives available for satisfying investment, employment, environmental and other criteria.
Grow NJ Assistance program incentives are awarded in the form of credits against the New Jersey Corporate Business Tax. If the awarded credits
cannot be fully utilized, they can be sold in exchange for cash or in some cases assigned to an affiliated entity.
Industry
SF Leased
New Jobs
“At-risk”
retained jobs
Logistics,
Transportation,
Defense,
Life Sciences,
Health, or
Energy
277,244
50
50
Tax Credit/
Year
Tax Credit /
Year per SF
$375,000
$1.34
10 Year Total
Tax Credit
$3,750,000
277,244
25
0
$125,000
$0.45
$1,250,000
140,000
25
0
$125,000
$0.89
$1,250,000
140,000
0
35
$87,500
$0.63
$875,000
70,000
25
0
$125,000
$1.79
$1,250,000
Foreign Trade Zone 49
Foreign Trade Zone 49 offers numerous benefits to business operations, including reduced, deferred, or eliminated duties, decreased processing fees
/ insurance costs, and inventory tax exemptions.
Urban Enterprise Zone
New Jersey’s Urban Enterprise Zones allow businesses to benefit from sales tax exemptions for business purchases (construction materials, office
and business equipment, furnishings & fixtures, etc.) and credits and subsidized unemployment insurance costs.
NEWARK LIBERTY
INTERNATIONAL AIRPORT
Waterfront Commission Tax Exemption
Although strategically located within the Port of New York District, the facility is not required to pay a license fee to the Waterfront Commission of
NY Harbor.
PORT
ELIZABETH
PORT
NEWARK
ECONOMIC GENERATORS
The region’s main economic generators – New York City and the Port of New York / New Jersey – fuel the region’s economic activity.
NEWARK BAY
• The New York Metropolitan Area is the most affluent consumer market in the world with a gross metropolitan product of $1.4 trillion.
• The Port of New York / New Jersey, generator for much of the leasing velocity in the Submarket, continues to experience unprecedented
growth, moving 81 million tons of cargo (5.53 million TEU containers) in 2012 worth over $210 billion, setting a new record.
• Totaling 2,100 acres in size, Port Newark–Elizabeth Terminal is the largest containerized deep-water shipping terminal on the East Coast.
• The Port Authority is in the midst of expansion initiatives to double to Port’s capacity by 2020 through a combination of operating improvements
and a capital investment of over $2 billion.
• The combined cargo of the region’s three main airports was 2.1 million tons in 2012, which ranks the region fifth domestically and twelfth
worldwide.
NEW YORK METROPOLITAN AREA
Metropolitan Statistical Area (MSA) of New York, Northern New Jersey, & Long Island
•
•
•
•
•
Population of combined statistical area of 19.8 million (as of 2012)
Most populous MSA in the United States; 8th most populous MSA in the world
Gross metropolitan product of $1.38 trillion, the largest regional economy in the United States (Los Angeles MSA is second with $792.4 bil.)
Approximately one out of every 15 Americans resides in the New York Metropolitan Area
Labor Force is 9.6 million (as of March 2014)
Clarion Partners has been a leading U.S. real estate investment manager for over 30 years.
Headquartered in New York with a presence in major markets across the United States,
Mexico and Sao Paulo, Brazil, they employ a national network of experienced professionals who bring a deep knowledge of local markets to every
investment decision. Clarion currently has $30 billion in total assets under management and 200 domestic and international investors. The company
invests in high quality properties, typically from the five key property types: office, retail, industrial, multifamily residential and hotel. Clarion Partners is
distinguished by a performance-driven approach, organizational stability and a mandate of accountability to their clients.
Carlisle Distribution Center
6 Logistics Drive
Carlisle, PA
800,000 sf
Lehigh Valley South Distribution Center
7570 Industrial Park Way
Macungie, PA
315,000 sf
ELIZABETH LOGISTICS CENTER
279,208 Square Feet
Available for Lease
New Jersey Turnpike Exit 13A - Elizabeth, New Jersey
Carlisle Distribution Center
70 Logistics Drive
Carlisle, PA
575,000 sf
NEW CONSTRUCTION
ASSET DESCRIPTION
Initial Premises:
279,208 square feet
Building Dimensions: 240’ x 1210’
Ceiling Height:
32’ clear
Trailer Parking: 54 -12’ x 50’ spaces with reinforced concrete dolly pad
Tractor Parking:
10 spaces
Loading Docks:
60 (9’ x 10’) heavy gauge overhead loading doors with 3” track systems.
Loading Door Equipment:
30,000 lb manual “pit” levelers with bumpers and seals.
Column Spacing:
52’ x 60’
Car Parking:
162 car parking spaces
Drive-in Doors:
3 (12’x14’) drive-in doors
Truck Court:
170’ deep truck court; concrete throughout
Office:
To Suit
Tenant: Whirlpool
Tenants: Barry Callebaut, USA and QPSI
Tenant: Exel Logistics
East Point Trade Center
350 and 351 Lingle Avenue
Palmyra, PA
1,400,000 sf
Raritan Center
1000 Industrial Avenue
Woodbridge, NJ
697,500 sf
Centerpoint @ 8A
1203 South River Road
South Brunswick, NJ
208,899 sf
Tenant: General Mills
Tenants: Parlux Fragrances; Fab.com; GPR Logistics
Tenant: Melissa & Doug Toys
Burlington Industrial Park
Burlington, NJ
I-295 and Rising Sun Road
Bordentown, NJ
440,550 sf
Cranbury Logistics Center
Cranbury, NJ
2,831,673 sf in 3 Buildings
1,572,226 sf in 4 Buildings
ELIZABETH PORT
AUTHORITY
MARINE TERMINAL
1,366,396 SF
1,008,236 SF
457,041 SF
Build-to-suit for Lease
Build-to-suit for Lease
Build-to-suit for Lease
888 Doremus Avenue
Newark, NJ
501,641 sf
Northend Industrial Park
South River, NJ
1,197,880 sf in 7 Buildings
Southview Industrial Park
South Brunswick, NJ
1,376,668 sf in 15 Buildings
Tenants: SalSon Logistics and Forward Air
Available for Lease
Available for Lease
NEWARK LIBERTY
INTERNATIONAL AIRPORT
CONSTRUCTION DETAIL
Building Construction: Architecturally articulated and insulated concrete panels
Floor System:
7” thick, 4000 PSI non-reinforced concrete slab on grade sealed with Ashford hardener sealant
Roof System:
Fully adhered 60 MIL EPDM (rubber) roof on rigid R-30 insulation with underside of decking painted white
E
NU
D
OWNER
E
AV
W
DO
AGENT
BUILDING SYSTEMS
Electric System: 2,500 amps, 480/277 volt, 3-phase, 4 wire service from a pad-mounted transformer to the building
Fire Protection:
Early Suppression Fast Response (ESFR) Sprinkler System
Heating System:
Roof-mounted cambridge air rotation, gas-fired, hot air furnaces
Lighting System:
T-5 light fixtures to provide 30FC at 36” above floor finish (open format)
ANDY SITZER
214-647-4929
[email protected]
JOE ZINGARO
214-647-4916
[email protected]
PAUL TOROSIAN
Mobile +1 609 410 8755
[email protected]
NATE DEMETSKY
Tel +1 732 590 4184
Mobile +1 609 672 3163
[email protected]
JOHN GARTLAND
Tel +1 732 491 2175
Mobile +1 201 492 0553
[email protected]
No warranty or representation, expressed or implied, is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of condition, withdrawal without notice, and to any special listing conditions, imposed by our principals.
OWNER
AGENT
www.ElizabethLogisticsCtr.com