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Sitex Group Acquires Nj Facility

by cpexecutive.com posted 1week ago 14 views
A private investor sold the 100,000-square-foot Carlstadt facility. The transaction marks the buyer's third recent acquisition in the area. : Sitex Group has acquired 801 Washington Ave., a 100,000-square-foot warehouse in Carlstadt, N.J. The seller was owner-occupier Nash Distributors, according to Yardi Matrix data. The asset is now vacant. Built in 1981 on 5.2 acres, the warehouse offers easy access to New York City, the Port of Newark/Elizabeth, the New Jersey Turnpike, Interstate 80, the George Washington Bridge and the Lincoln Tunnel. The property includes 21-foot clear ceiling heights, 10 loading docks and a large parking area.

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