MONROE TOWNSHIP, NJ-Matrix Development Group has signed a significant expansion lease with a tenant at one of its facilities situated in New Jersey’s powerhouse industrial submarket, Turnpike Exit 8A, and signed a new 40,000-square-foot tenant at another.
Both Five Fitzgerald Avenue and 17 South Middlesex Avenue are located within minutes of the New Jersey Turnpike, providing easy access to the New York/Philadelphia and Boston/Washington transportation corridors and major freight-moving roadways.
TYC/Genera Corp. renewed and expanded its lease at Matrix’s CenterPoint facility at Five Fitzgerald Ave. in Monroe Township to occupy the entire 239,000-square-foot structure. The North American distribution arm for the TYC-brand auto parts company took an additional 77,000 square feet as part of the transaction.
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