Revitalized Northern NJ Industrial Property Achieves Full Occupancy

Revitalized Northern NJ Industrial Property Achieves Full Occupancy
Revitalized Northern NJ Industrial Property Achieves Full Occupancy

**Cushman & Wakefield Successfully Repositions 25 Commerce Rd. in Fairfield, NJ**

Cushman & Wakefield has completed the repositioning of 25 Commerce Rd., a 103,008-square-foot industrial building in Fairfield, New Jersey. As a result, the property is now fully leased, with approximately 64,303 square feet of new leasing activity, including five new leases and one renewal.

The project was led by Torsten Thaler and Tom Tucci, both key members of Charles Fern’s industrial team at Cushman & Wakefield. They represented the landlord, Venture One, in the repositioning and leasing efforts.

“Our team’s strategic repositioning of 25 Commerce Rd. has transformed it from a property with significant upcoming vacancies to a fully leased asset,” said Thaler. “This success underscores our ability to provide creative end-to-end solutions for our clients. We secured long-term leases and demonstrated the high demand for shallow bay industrial space with dock-high loading in the Fairfield market.”

25 Commerce Rd. offers immediate access to major transportation routes in Northern New Jersey, including Route 46, Route 23, and Interstate 80.

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

Share the Post:

Related Posts