70 Schoolhouse Road, Somerset, NJ
SOMERSET, NJ—Integrated Supply Network, the nation's largest independent automotive tool and equipment specialist serving wholesalers and distributors throughout North America and the United Kingdom, is leasing the entire 86,000-square-foot, industrial property at 70 Schoolhouse Road in Somerset, NJ. ISN has transitioned from a 40,000-square-foot subtenant to occupy the entire property under a direct lease.
Cushman & Wakefield's Andrew Stypa and Daniel Badenhausen, based in Iselin, NJ, negotiated the long-term transaction on behalf of landlord Terreno Realty Corporation. The team also represented this long-time client in its purchase of the property in 2016. Cushman & Wakefield also represented ISN on behalf of Fischer & Company, ISN's national real estate advisor.
Founded in 1984, ISN processes and delivers customized orders anywhere in the U.S. within 24 hours.
“The Somerset facility has proven ideal for ISN as it grows its Northeast customer base,” Stypa says. “It is a class A building offering excellent loading capacity, high ceilings and the flexibility to accommodate the most sophisticated distribution requirements. Beyond that, it occupies a prime location within New Jersey's desirable Lower I-287 submarket, proximate to major thoroughfares mid-way along the Boston-to-Washington, DC corridor.”
70 Schoolhouse Road is located less than three miles from I-287, providing toll-free access to Northern and Central New Jersey, and Rockland, Orange and Westchester counties in New York. It connects by several direct routes to all five boroughs of New York City, and directly to the New Jersey Turnpike, Garden State Parkway and New York State Thruway.
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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].
