{"id":1004565399,"date":"2022-01-31T03:46:55","date_gmt":"2022-01-31T11:46:55","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004565399"},"modified":"2022-12-08T16:23:11","modified_gmt":"2022-12-09T00:23:11","slug":"duke-realty-acquires-northern-new-jersey-warehouse","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/duke-realty-acquires-northern-new-jersey-warehouse\/","title":{"rendered":"Duke Realty Acquires Northern New Jersey Warehouse"},"content":{"rendered":"
\"600<\/a>

600 Ridge Road. Image courtesy of Duke Realty<\/p><\/div>\n

Duke Realty<\/strong> has grown its industrial portfolio in northern New Jersey after acquiring a recently built industrial warehouse in a sale-leaseback deal. The company acquired 600 Ridge Road in Piscataway from the tenant, Kiss Nail Products Inc<\/strong>., which was represented by NAI DiLeo-Bram & Co<\/strong>.\u2019s Thomas Kirczow.<\/p>\n

The 469,000-square-foot warehouse was built in 2019 with 40-foot clear heights, 100 dock doors and a 130-foot truck court. The property will still be occupied by Kiss Nail Products Inc., which will continue to use it as a distribution center for its nail products, hair accessories and cosmetics that it ships to retailers in more than 100 countries.<\/p>\n

\n

READ ALSO<\/strong>: Top 5 Industrial Markets for Construction Activity<\/a><\/p>\n

\n

The industrial property is located on a 65-acre site within 2 miles from I-287 and 12 miles away from I-95, putting it within New Jersey\u2019s in-demand Exit 10\/287 Corridor submarket. Art Makris, regional president of the Northeast Region at Duke Realty, said in prepared remarks that the warehouse\u2019s location is one of the most desirable markets along the I-287 corridor since it has access to millions of consumers and nearby ports. He also said in his prepared remarks that the deal had an added bonus of retaining an established tenant.<\/p>\n

Expanding Northern New Jersey Footprint<\/h2>\n

Seth Hall, assistant vice president of acquisitions for Duke Realty, said in prepared remarks that the company\u2019s acquisition strategy focuses on infill assets in high-barrier tier 1 markets. Hall added in his prepared remarks that Duke Realty will continue to look for similar acquisition opportunities to expand its northern New Jersey footprint.<\/p>\n

Duke Realty\u2019s New Jersey portfolio totals 9.6 million square feet across 25 properties. The company is currently working on a 574,480-square-foot cross-docked industrial building in East Greenwich, N.J., that\u2019s located along the I-295. In May, Duke Realty also signed a long-term lease<\/a> with a global apparel importer at its 488,884-square-foot facility in South Brunswick, N.J., bringing it to full occupancy.<\/p>\n","protected":false},"excerpt":{"rendered":"

In a sale-leaseback deal, the company expanded its footprint along the coveted Exit 10\/287 Corridor.<\/p>\n","protected":false},"author":883,"featured_media":1004565408,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21748,21783,1600,21742,10],"tags":[33010],"class_list":["post-1004565399","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industrial","category-investment","category-new-york","category-latest","category-northeast","tag-duke-realty-corporation"],"acf":[],"yoast_head":"\nDuke Realty Acquires Northern New Jersey Warehouse - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"Duke Realty acquired a recently built Northern New Jersey industrial warehouse in a sale-leaseback deal.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/duke-realty-acquires-northern-new-jersey-warehouse\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Duke Realty Acquires Northern New Jersey Warehouse\" \/>\n<meta property=\"og:description\" content=\"Duke Realty acquired a recently built Northern New Jersey industrial warehouse in a sale-leaseback deal.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/duke-realty-acquires-northern-new-jersey-warehouse\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2022-01-31T11:46:55+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T00:23:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/01\/600_Ridge_Road_Piscataway_NJ_featured.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Jackson Chen\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/duke-realty-acquires-northern-new-jersey-warehouse\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/duke-realty-acquires-northern-new-jersey-warehouse\\\/\"},\"author\":{\"name\":\"Jackson Chen\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/8d4607aca26f3427c49fe54ddc82ddf1\"},\"headline\":\"Duke Realty Acquires Northern New Jersey Warehouse\",\"datePublished\":\"2022-01-31T11:46:55+00:00\",\"dateModified\":\"2022-12-09T00:23:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/duke-realty-acquires-northern-new-jersey-warehouse\\\/\"},\"wordCount\":339,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/duke-realty-acquires-northern-new-jersey-warehouse\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2022\\\/01\\\/600_Ridge_Road_Piscataway_NJ_featured.jpg\",\"keywords\":[\"Duke Realty Corporation\"],\"articleSection\":[\"Industrial\",\"Investment\",\"New York\",\"News\",\"Northeast\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/duke-realty-acquires-northern-new-jersey-warehouse\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/duke-realty-acquires-northern-new-jersey-warehouse\\\/\",\"name\":\"Duke Realty Acquires Northern New Jersey Warehouse - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/duke-realty-acquires-northern-new-jersey-warehouse\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/duke-realty-acquires-northern-new-jersey-warehouse\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2022\\\/01\\\/600_Ridge_Road_Piscataway_NJ_featured.jpg\",\"datePublished\":\"2022-01-31T11:46:55+00:00\",\"dateModified\":\"2022-12-09T00:23:11+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/8d4607aca26f3427c49fe54ddc82ddf1\"},\"description\":\"Duke Realty acquired a recently built Northern New Jersey industrial warehouse in a sale-leaseback deal.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/duke-realty-acquires-northern-new-jersey-warehouse\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/duke-realty-acquires-northern-new-jersey-warehouse\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/duke-realty-acquires-northern-new-jersey-warehouse\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2022\\\/01\\\/600_Ridge_Road_Piscataway_NJ_featured.jpg\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2022\\\/01\\\/600_Ridge_Road_Piscataway_NJ_featured.jpg\",\"width\":800,\"height\":600,\"caption\":\"600 Ridge Road. Image courtesy of Duke Realty\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/duke-realty-acquires-northern-new-jersey-warehouse\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Duke Realty Acquires Northern New Jersey Warehouse\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/8d4607aca26f3427c49fe54ddc82ddf1\",\"name\":\"Jackson Chen\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2023\\\/06\\\/jchenheadshot.png?w=96\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2023\\\/06\\\/jchenheadshot.png?w=96\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2023\\\/06\\\/jchenheadshot.png?w=96\",\"caption\":\"Jackson Chen\"},\"description\":\"Jackson Chen is a Connecticut-based freelance writer who has reported on real estate for more than five years. He cut his teeth with real estate journalism when he previously wrote for Real Estate Weekly, the longest-running real estate publication in New York City. He has been writing for Multi-Housing News since late 2019.\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/jackson-chen\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Duke Realty Acquires Northern New Jersey Warehouse - Commercial Property Executive","description":"Duke Realty acquired a recently built Northern New Jersey industrial warehouse in a sale-leaseback deal.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/duke-realty-acquires-northern-new-jersey-warehouse\/","og_locale":"en_US","og_type":"article","og_title":"Duke Realty Acquires Northern New Jersey Warehouse","og_description":"Duke Realty acquired a recently built Northern New Jersey industrial warehouse in a sale-leaseback deal.","og_url":"https:\/\/www.commercialsearch.com\/news\/duke-realty-acquires-northern-new-jersey-warehouse\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2022-01-31T11:46:55+00:00","article_modified_time":"2022-12-09T00:23:11+00:00","og_image":[{"width":800,"height":600,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/01\/600_Ridge_Road_Piscataway_NJ_featured.jpg","type":"image\/jpeg"}],"author":"Jackson Chen","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/duke-realty-acquires-northern-new-jersey-warehouse\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/duke-realty-acquires-northern-new-jersey-warehouse\/"},"author":{"name":"Jackson Chen","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/8d4607aca26f3427c49fe54ddc82ddf1"},"headline":"Duke Realty Acquires Northern New Jersey Warehouse","datePublished":"2022-01-31T11:46:55+00:00","dateModified":"2022-12-09T00:23:11+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/duke-realty-acquires-northern-new-jersey-warehouse\/"},"wordCount":339,"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/duke-realty-acquires-northern-new-jersey-warehouse\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/01\/600_Ridge_Road_Piscataway_NJ_featured.jpg","keywords":["Duke Realty Corporation"],"articleSection":["Industrial","Investment","New York","News","Northeast"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/duke-realty-acquires-northern-new-jersey-warehouse\/","url":"https:\/\/www.commercialsearch.com\/news\/duke-realty-acquires-northern-new-jersey-warehouse\/","name":"Duke Realty Acquires Northern New Jersey Warehouse - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/duke-realty-acquires-northern-new-jersey-warehouse\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/duke-realty-acquires-northern-new-jersey-warehouse\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/01\/600_Ridge_Road_Piscataway_NJ_featured.jpg","datePublished":"2022-01-31T11:46:55+00:00","dateModified":"2022-12-09T00:23:11+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/8d4607aca26f3427c49fe54ddc82ddf1"},"description":"Duke Realty acquired a recently built Northern New Jersey industrial warehouse in a sale-leaseback deal.","breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/duke-realty-acquires-northern-new-jersey-warehouse\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/duke-realty-acquires-northern-new-jersey-warehouse\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/duke-realty-acquires-northern-new-jersey-warehouse\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/01\/600_Ridge_Road_Piscataway_NJ_featured.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/01\/600_Ridge_Road_Piscataway_NJ_featured.jpg","width":800,"height":600,"caption":"600 Ridge Road. Image courtesy of Duke Realty"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/duke-realty-acquires-northern-new-jersey-warehouse\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Duke Realty Acquires Northern New Jersey Warehouse"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/8d4607aca26f3427c49fe54ddc82ddf1","name":"Jackson Chen","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/06\/jchenheadshot.png?w=96","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/06\/jchenheadshot.png?w=96","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/06\/jchenheadshot.png?w=96","caption":"Jackson Chen"},"description":"Jackson Chen is a Connecticut-based freelance writer who has reported on real estate for more than five years. He cut his teeth with real estate journalism when he previously wrote for Real Estate Weekly, the longest-running real estate publication in New York City. He has been writing for Multi-Housing News since late 2019.","url":"https:\/\/www.commercialsearch.com\/news\/author\/jackson-chen\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/01\/600_Ridge_Road_Piscataway_NJ_featured.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004565399","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/883"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004565399"}],"version-history":[{"count":9,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004565399\/revisions"}],"predecessor-version":[{"id":1004565465,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004565399\/revisions\/1004565465"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004565408"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004565399"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004565399"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004565399"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}