Seagis Property Group Acquires 93,000 SF Industrial Building in Northern NJ

Seagis Property Group Acquires 93,000 SF Industrial Building in Northern NJ

New Jersey

January 2, 2019

January 2, 2019 - Conshohocken, PA – Seagis Property Group announced today that it has acquired a 93,000 square foot warehouse at 1001 Roosevelt Avenue in Carteret, New Jersey.

The property is located 10 miles from Newark Liberty International Airport and Port Newark. Seagis now owns 28 buildings totaling 4.4 million square feet throughout Northern New Jersey.

“This multi-tenant facility fronts the New Jersey Turnpike with immediate access to the Exit 12 interchange. It has an excellent niche in the North Jersey market place and we are excited to add it to our portfolio.” Brian Tozer, Vice President- Seagis Property Group.

About Seagis Property Group LP

Seagis Property Group LP (“Seagis”)

Seagis Property Group LP (“Seagis”) is a privately held industrial real estate owner and investor focused on the acquisition and development of properties located in logistically driven markets along the Eastern Seaboard. The company’s current portfolio spans more than 13 million square feet of space in New Jersey, New York, and South Florida. Seagis acquires stabilized core, core-plus, value-add, and development real estate for logistics use. Since its inception in 2005, Seagis has successfully acquired and developed more than 14.3 million square feet of industrial space. Seagis is headquartered in Conshohocken, Pennsylvania, located in suburban Philadelphia.