NAI DiLeo-Bram (NAIDB) has been selected as the leasing agent for 107 How Lane, a 6.5-acre industrial outdoor storage property in New Brunswick, NJ spanning over 38,000 square feet. The team responsible for this assignment includes managing director/principal Chris Galiano, SIOR and associate vice presidents Kyle Gerace and Robert V. DiLeo.
This leasing opportunity comes after Gerace played a key role in facilitating the off-market sale of the property to Ridgecut Road for $19.5 million on behalf of an undisclosed private owner. Located within Central Jersey’s industrial corridor, this warehouse/logistics facility is Ridgecut’s sixth acquisition in New Jersey.
According to NAIDB, there is great potential for repositioning at 107 How Lane due to its versatile range of industrial spaces available on site. These include a terminal facility with ceilings reaching up to 12 feet and equipped with 23 dock doors spanning over10,300 square feet; a single-story warehouse featuring ceilings ranging from14-24 feet high along with seven grade doors covering an area of19,500 square feet; and finally an8
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