Search
 

Logistics Provider Takes 51,000-SF W/D Space

SECAUCUS, NJ-Italy's Snatt will use the space at Hartz's 20 Enterprise Ave. as the headquarters for its Snatt USA start-up.

By Eric Peterson | Updated on August 22, 2008

SECAUCUS, NJ-Snatt USA Inc. has signed a five-year lease for 50,718 sf at Hartz Mountain Industries’ 200,000-sf 20 Enterprise Ave. industrial building within Harmon Cove Industrial Park here. For the third-party logistics company, the signing marks the roll-out of its North American operation by Milan-based parent Snatt. The site will operate as Snatt USA’s headquarters.

The tenant was represented by Jeff Chaus, president of Chaus Realty of Hasbrouck Heights, NJ, and locally based Hartz was represented in-house. Further terms of the signing were not released.

“We’d seen many buildings, and this one was ideal for us,” says Snatt USA president Marco Palazzi. “It is a perfect size. In Europe, we have more than 1.5 million sf of warehouse and office space. We wanted to begin in North America as a small start-up operation, but we plan to eventually develop just as large of an operation in North America as we have in Europe.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.