STTC, a leading service truck tire center, recently acquired a 67,355-square-foot warehouse/industrial property in Linden, New Jersey for $21 million. The property boasts over six acres of land and direct access to U.S. Route 1. Its features include an all-concrete-block facade, ample parking space, multiple loading areas and newly renovated office space equipped with a rooftop solar system. STTC has plans to renovate the property in order to support its future growth initiatives.
The buyer was exclusively represented by Christopher Galiano from NAI DiLeo-Bram & Co., who commented on the transaction saying that the Elizabeth/Linden industrial submarket is known for its strategic location on the East Coast and strong performance in terms of logistics operations. He also mentioned that this is what attracts companies like STTC to invest in this area.
This acquisition marks another milestone for STTC as it continues expanding its presence across various regions without mentioning any specific locations such as Connect LA or Connect Texas.
