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New Jersey
June 21, 2018
June 21, 2018 - Conshohocken, PA – Seagis Property Group announced today that it has acquired an 80,000 square foot warehouse/distribution facility at 350 Secaucus Road in Secaucus, NJ.
The property is located 6 miles from Manhattan, and 12 miles from Port Newark. The property is 100% leased, and features 11 tailgate dock doors, 21’ clear ceilings, and New Jersey Turnpike frontage at the 16E Interchange. Seagis now owns 27 buildings totaling over 4.3 million square feet throughout Northern NJ.
“This property is centrally located in the Meadowlands with only a short drive to Manhattan. We are pleased to add this functional, fully-leased building into the Seagis Portfolio”. Brian Tozer, Vice President- Seagis Property Group.
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.