June 30, 2016
O’Neill Logistics has expanded, inking a 221,000-square-foot lease at 130 Interstate Blvd. in South Brunswick, NJ. The deal means the third-party logistics firm will move its New Jersey operations from two addresses in Avenel to the Exit 8A submarket.
Cushman & Wakefield’s Dan Badenhausen and Andrew Stypa represented the tenant in the long-term transaction. Nathan Demetsky with Jones Lang LaSalle represented the landlord, Terreno Realty Corp.
“This company is on an incredible growth trajectory,” Badenhausen said. “With tight available supply and rising rents on the north end of the turnpike, Exit 8A was an ideal landing spot for O’Neill Logistics’ headquarters and warehouse operations.”