Sean Ryan is associate editor of Real Esate New Jersey

(To read more on the industrial market, click here.)

LINDEN-Warehouse logistics firm Waitex has acquired 1800 Lower Rd. here from the Darby Corp. for more than $21 million. The 18-acre, 386,000-sf warehouse property was built in 1974 for the now-bankrupt furniture retailer Huffman-Koos.

It includes a 60,000-sf retail store that Waitex plans to lease to a retail tenant. Waitex now owns 10 warehouses, totaling more than three million sf, as well as its Manhattan headquarters building and its Waitex Apparel Group retail stores.

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