Seagis Property Group Acquires 162,000 SF Industrial Building in Northern NJ

Seagis Property Group Acquires 162,000 SF Industrial Building in Northern NJ

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October 13, 2016

October 13, 2016 - Conshohocken, PA – Seagis Property Group announced today that it has acquired a 162,000 square foot warehouse/distribution facility at 59 Hook Road in Bayonne, NJ.

The Building is located 2 miles from Global Container Terminal, and 10 miles from New York City. The property features 30 tailgate dock doors, rail service capability, and immediate access to the NJ Turnpike via Exit 14A. The Building is 100% leased

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.