ELIZABETH, NJ—Sitex Group has added two more properties to its growing Northern New Jersey portfolio, with the purchase of a 30,000 square-foot warehouse in Carlstadt and a 43,000 square-foot multitenant facility in Elizabeth.
“We have gained tremendous momentum this year consistent with our intent to be a leading owner and developer in the country's third largest industrial market,” says Sitex senior vice president Blake Chroman.
The 30,000-square-foot warehouse facility located at 620 Gotham Parkway in Carlstadt is in the Meadowlands submarket. The building has an above-standard parking ratio and is 100 percent air-conditioned. Sitex plans upgrades to the property, including updating the façade, office space, lighting and sprinkler systems.
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