180 Raritan Center Parkway, Edison, NJ
EDISON, NJ—In a transaction arranged by CBRE, all-natural frozen foods company Dr. Praeger's Sensible Foods signed a long-term 56,760-square-foot industrial lease at 180 Raritan Center Parkway in Edison, NJ. Dr. Praeger's Sensible Foods will occupy the only large freezer space available in the 354,000-square-foot warehouse facility.
The CBRE team of Scott Belfer, Lou Belfer and Nicholas Nitti arranged the lease on behalf of the building ownership, New York Life (NJIND Raritan Center).
“Dr. Praeger's Sensible Foods required freezer space in a central location to meet ts very specific distribution requirements,” says Belfer, a CBRE senior vice president. “The fully racked freezer space at 180 Raritan offers temperatures as low as -20 degrees, a unique feature in the market.”
180 Raritan Center Parkway is near the New Jersey Turnpike, Holland and Lincoln Tunnels, the George Washington Bridge, Newark Liberty International Airport and the Port.
Founded in 1994, Dr. Praeger's Sensible Foods is an all-natural frozen foods company based in Elmwood Park, NJ. The national brand was established by practicing cardiac surgeons Dr. Peter Praeger and Dr. Eric Somberg.
Mary Chandis of America East Real Estate represented Dr. Praeger's Sensible Foods in the lease negotiations.
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Steve Lubetkin
Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].
