Businesses looking to provide same-day delivery on the East Coast are getting a new logistics center, the Goodman Industrial Center Carlstadt II, in northern New Jersey.
The facility, to be developed and managed by Goodman Group, is strategically located for last-mile logistics delivery to over 15 million people in the New York City metro area.
“The launch of our latest development in New Jersey will unlock a new strategic location, making it highly sought after by customers servicing New York City and the surrounding communities,” Anthony Rozic, CEO of Goodman North America, said. “Goodman Industrial Center Carlstadt II is a great example of our approach to helping our customers actively achieve supply chain efficiencies. We’re doing this by locating our customers closer to their end consumers and delivering quality properties enabled for the latest technology and sustainability innovation.”
The 100,000-square-foot Goodman Industrial Center Carlstadt II incorporates sustainable features including a solar-panel-ready roof and EV charging stations, and will be LEED certified. Carlstadt II is part of Goodman’s larger sustainability strategy focused on brownfield regeneration, which reincorporates disused properties or land into productive multi-use facilities.
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Its strategic location is only 13 miles from the Port of New York and New Jersey and end consumers, helping to reduce overall transportation related carbon emissions. The location offers easy access to New York City and northern New Jersey via the Lincoln Tunnel and the George Washington Bridge.
“There is currently over 30,000,000 square feet of active requirements in the market and over half of the industrial product under construction has been pre-leased demonstrating strong demand for industrial space in the New Jersey area”, said Bill Waxman, vice chairman of Cushman & Wakefield, the listing broker representing Goodman. “We expect the current 2.5 percnt vacancy rate to decline, which further reinforces the strong demand for these assets and this unique opportunity offered by Goodman.”
This new facility is expected to create hundreds of new jobs in the local economy. Goodman Industrial Center Carlstadt II offers easy access to public transportation and on-site parking. Additionally, employees will benefit from the many local amenities including restaurants, hotels, American Dream Mall, Meadowlands Sports Complex and convenient access to New York City.
Goodman Industrial Center Carlstadt II will be available for lease from the third quarter of 2023. Building features are designed to enhance supply chain efficiencies, including a 40-foot internal clearance height and 13 dock doors. The property is located at 333 Washington Avenue, Carlstadt, N.J.
Goodman Group is an integrated property group with operations throughout Australia, New Zealand, Asia, Europe, the U.K. and North America. Goodman Group’s global network spans 14 countries and has more than $50.5 billion of assets under management.