News: Outside The Region

Lee & Associates arranges full-building industrial lease

Edison, NJ Lee & Associates – WBE New Jersey office has arranged an 88,620 s/f, full-building industrial lease for a client in the freight forwarding and logistics services industry at 117 Sunfield Avenue, within Raritan Center. The commercial real estate firm’s Claudia Ganas, Monica Franco and Ana Carolina DeAraujo served as tenant brokers. Summit Associates Inc., proprietor of the Edison property, was represented internally by Vincent Visceglia, vice president. 

The commitment represents an expansion for the tenant to support its growing regional business operations and underscores the sustained demand for top-tier industrial space within the Middlesex County submarket. “We conducted an extensive site search for our client,” said Ganas. “After a thorough review of alternatives, 117 Sunfield Avenue’s proximity to the area’s major ports, superior highway access and pristine condition created an ideal leasing scenario.” 

Ganas credited a collaborative effort among all parties involved for a smooth transaction. “We were able to close the deal seamlessly while ensuring that all of the tenant’s needs were met,” she added. “We look forward to a continued and successful partnership with Summit Associates Inc.” 

In addition to its prestigious Raritan Center address, 117 Sunfield Avenue offers modern industrial design features including 32-foot clear ceilings, 17 loading docks, an ESFR sprinkler system and energy-efficient LED lighting. The property provides convenient access to the New Jersey Turnpike, Garden State Parkway, I-287, Routes 1 & 9, and Port Newark. It is just 20 minutes from Newark Liberty International Airport and within 35 minutes of Manhattan. 

Lee & Associates – WBE operates offices throughout New Jersey. The company is the regional operation of Lee & Associates, one of the leading privately owned commercial real estate services firms in the United States. Its New Jersey team combines a commitment to excellence with the strength of the Lee & Associates platform, ensuring clients receive innovative solutions and unparalleled expertise. 

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