Jones Lang LaSalle

Building Firm Signs 316,000-SF Lease
By Eric Peterson
Last updated: December 6, 2005 03:04pm

(To read more on the industrial market, click here.)
BRIDGEWATER, NJ-Building Materials Manufacturing Corp. has signed a lease for 316,000 sf of industrial space at 9 Finderne Ave. here. The Wayne, NJ-based maker of roofing and related products will use the space for warehousing and distribution purposes.

The owner of the asset, Mr. Bridgewater LLC, a local development group, was represented by executive vice presidents and principals Charles Fern and Joel Lubin and associate Matt Sikora of Lee & Klatskin Associates. Terms of the signing, which represents the entire one-story building, were not disclosed.

“This facility met the tenant’s needs,” says Fern, who works out of the Edison, NJ office of the Teterboro, NJ-based Lee & Klatskin. “It also provides additional land as well as rail access.”
Located near both I-287 and US Route 22, the building at 9 Finderne Ave. is currently undergoing a major renovation to make way for its new tenant, according to Fern. That project is expected to be completed by June 2006.