Goodman Group, the Australia-based real estate company that has warehouses, large scale logistics facilities, business and office parks in many global cities, has acquired two strategic sites in East Rutherford and Teterboro in Northern New Jersey. The company is also in the process of opening an office in the Meadowlands to fuel its growth in the region.
Anthony Rozic, CEO of Goodman North America, said: “These new acquisitions add depth to our portfolio in New Jersey in locations characterised by high demand and limited available supply. Our new office in the Meadowlands has been established to help service our existing customers and the pent up demand we’re seeing in the area.”
Goodman will focus on land developments and look for value-adding and stabilised growth opportunities in the Northern New Jersey, Central Pennsylvania and Lehigh Valley industrial markets. The new acquisitions will facilitate same-day delivery to New York City, as one of the facilities lies in close proximity to New York City and multiple international airports. It provides convenient access to Interstate 80, Brooklyn-Queens Expressway 278, the New Jersey Turnpike and Phillipsburg-Newark Expressway 78. An open house event is being held from 8 am to 11 am Tuesday, September 18th at 433 Murray Hill, New Jersey for prospective customers.
