JLL to lease new warehouse for Bridge Development in Meadowlands outside NYC

26 January 2017

Bridge Development Partners has tapped Jones Lang LaSalle as leasing agent for Bridge Point Meadowlands, which is a Class A distribution facility. Located at 1 Ethel Boulevard in Wood-Ridge, N.J., the yet to be completed 193,805 sqf warehouse will feature 36-foot ceiling heights, 27 dock doors, 1 drive-in door, parking for 58 trailers and 134 cars and potential Norfolk Southern rail connectivity. The warehouse and distribution facility is within walking distance of the Wood-RidgeTransit Rail Station, 10 miles from Manhattan and 15 miles from Port Newark/Elizabeth Marine Terminals.

“This project is well-situated as one of the only available Class A development sites in the Meadowlands, where modern industrial product only accounts for a small percentage of the total market size,” said executive managing director Christopher Hile, JLL. “As proximity to Manhattan is a primary driver for many industrial requirements, the Meadowlands is expected to see a disproportionate share of New Jersey’s leasing activity through the remainder of this cycle.”

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