Heidelberg USA Leases 142,915 SF of W/D Space at Exit 8A

CRANBURY, NJ-Central New Jersey’s Turnpike Exit 8A submarket has been reeling in big warehouse/distribution leases all year, and you can add Heidelberg USA to the list of new tenants in what is arguably the country’s hottest industrial market. The company, which makes sheetfed and web offset printing presses and related equipment, has signed a lease for 142,915 sf of space at Adler Development’s 1250 South River Rd. here.

Partners Joshua and Matthew Adler negotiated the long-term lease; Fred Brunswick, senior director of Cushman & Wakefield of New Jersey’s East Rutherford, NJ office represented Heidelberg. The company expects to move its operations in Mt. Olive, NJ to the Cranbury property by the end of this month.

“We looked at some 20 properties during the site search,” Brunswick explains. “Ultimately, the high visibility and size of the facility lent to its appeal. Most of the availabilities in the Exit 8A market involve larger buildings in which Heidelberg would have been a smaller tenant. Here, the company will be the main occupant.”