Seagis Property Group Acquires Two Industrial Buildings in Northern NJ

Seagis Property Group Acquires Two Industrial Buildings in Northern NJ

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December 22, 2016

December 22, 2016 - Conshohocken, PA – Seagis Property Group announced today that it has acquired two industrial buildings totaling 101,000 square feet in Northern New Jersey.

The properties include a 79,000 square foot, multi-tenant building located at 1026 West Elizabeth Avenue in Linden, NJ and a 22,000 square foot single-tenant building at 136-158 Paris Street in Newark, NJ. Both buildings are fully 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.