Sitex Adds 100K SF Carlstadt Warehouse to Portfolio
In addition to 801 Washington Ave, Sitex recently added two warehouse/distribution facilities in New York – one in Queens and one in Long Island City – to its portfolio.
CARLSTADT, NJ—After closing more than $200 million of acquisitions in the past 90 days, Sitex Group continues to be one of the most active buyers and developers of industrial real estate in New Jersey and New York. The firm just completed the acquisition of 801 Washington Avenue, a 100,000-square-foot warehouse on 5.2 acres in Carlstadt.
Sitex acquired the property from a private owner. It is now vacant and available for lease.
“We’re excited to add 801 Washington Ave. to our growing portfolio of industrial real estate in New Jersey and New York. We think the property’s size, location and features – namely its parking – will appeal to a wide audience.”
The property includes 21-foot clear ceiling height, 10 loading docks and a large parking area. Strategically located near New York City, the Port of Newark / Elizabeth, the New Jersey Turnpike, I-80, the George Washington Bridge and the Lincoln Tunnel, the property is considered one of the highest quality warehouses in the Meadowlands submarket.
In addition to 801 Washington Ave, Sitex recently added two warehouse/distribution facilities in New York – one in Queens and one in Long Island City – to its portfolio.