Cushman & Wakefield has successfully arranged the sale of two industrial properties located in Monroe Township, New Jersey, within the highly sought-after Exit 8A submarket. The properties include a facility at 201 Middlesex Center Boulevard and a second site at 773 Cranbury South River Road.
The transaction was facilitated by Cushman & Wakefield’s Gary Gabriel, Kyle Schmidt, Ryan Larkin, and Seth Zuidema, who represented the undisclosed seller and secured the buyer. Additionally, Stan Danzig, Jules Nissim, Steve Elman, Kimberly Bach, and Eric Schlett of Cushman & Wakefield provided advisory services to the seller.
“This off-market deal underscores unabated investor demand for industrial property in premier gateway markets such as New Jersey’s Exit 8A,” said Gabriel.
The property at 201 Middlesex Center Boulevard is a 600,000-square-foot cross-dock distribution facility constructed in 2008. It features 36-foot clear ceiling heights, 66 dock doors, and 176 trailer parking spaces, offering state-of-the-art logistics capabilities.
The site at 773 Cranbury South River Road spans 34.73 acres and operates under a 50-year ground lease that began in 2015. It is home to a 488,884-square-foot Class A industrial building, developed in 2017, further enhancing the area’s reputation as a logistics and warehousing hub.
The sale highlights continued investor interest in New Jersey’s strategically located industrial corridors.
