An apparel company has leased an entire 203,488-square-foot warehouse and distribution center under construction in South Brunswick, brokers with JLL announced Monday.
The facility, located at 85 Stults Road, is a joint venture between EverWest Real Estate Investors and Accordia Realty Ventures. New York-based Adjmi Apparel Group signed a 10-year lease for the complex.
Terms were not available. Brian Golden, JLL managing director, represented ownership while Joel Lubin, executive managing director, and Gary Politi, senior vice president, represented the tenant in the transaction.
EverWest and Accordia acquired the 20 acres of land at 85 Stults Road, along with a 369,000-square-foot building at 83 Stults Road, from Hermann’s Services Inc. in 2017. One Stop Logistics leased the space at 83 Stults Road for a 10-year period in 2018.
