NAI DiLeo-Bram Marketing 74,500-SF Industrial Property at 240 Circle Drive in Piscataway

NAI DiLeo-Bram Markets Piscataway Industrial in Key Supply Chain Corridor
CRE Market Beat Take
The scarcity of mid-sized, owner-user industrial options in Central New Jersey’s infill corridors suggests continued competitive bidding for functional, well-located assets. Investors and lenders should note that user demand, rather than purely investor capital, may be a key driver of pricing in this segment.

NAI DiLeo-Bram & Co. is bringing to market 240 Circle Drive North, a 74,500-square-foot industrial building on approximately five acres in Piscataway, NJ. The property includes a 6,000-square-foot office component within the overall industrial footprint and is described as well suited for an owner-user buyer seeking to establish or expand a strategic presence in Central New Jersey’s supply chain corridor.

The marketing assignment is being handled by NAI DiLeo-Bram’s brokerage team, led by vice presidents Kyle Gerace and Chris Chiusolo, working alongside chief operating officer David A. Simon. According to the firm, the team has a multi-decade relationship with the asset, supported by managing director Chris Galiano’s involvement in prior leasing transactions at the property. That familiarity is being positioned as a differentiator as the building is introduced to prospective user-buyers.

Located within the established Piscataway industrial hub, 240 Circle Drive North offers direct connectivity to key regional roadways. The site is accessible via two separate interchanges along Interstate 287, which in turn link directly to the New Jersey Turnpike, the Garden State Parkway, Routes 1, 18 and 22, as well as Interstates 78 and 80. This network positions the asset within a major distribution and logistics corridor serving Central New Jersey and the broader region.

Gerace noted that buildings of this size geared toward user-buyers are currently hard to find, particularly in land-constrained infill industrial corridors. He highlighted that, in the context of the current market cycle, 240 Circle Drive North combines heavy power, functional logistics infrastructure and regional connectivity that align with the requirements of modern industrial operators. Those features are being emphasized as the brokerage team targets owner-users seeking to solidify or scale their operations in the area.

With its blend of warehouse and office space, long-standing leasing history and access to multiple major highways, the property is being positioned as a competitive option for companies that prioritize both operational efficiency and transportation access. NAI DiLeo-Bram’s team is now actively marketing the asset to prospective buyers looking for an industrial facility in the Central New Jersey supply chain corridor.

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