Our Investments
Investments Selected with Precision to perform with power
Rahway 329
329 New Brunswick Avenue
Rahway, NJ 07065
Rahway, NJ 07065
Type: Industrial
Size: 213,000
Built:
Investment Date: 5/6/2022
Strategy: Development
329 New Brunswick Avenue is an off-market value add/development industrial opportunity in Rahway NJ. The 29-acre site includes a ~213k sf Class B-/C 18-20’ clear warehouse 95% leased to 12 tenants and excess land to develop approx. 75k sf Class A 35’ warehouse as-of-right. The Exit 12 submarket, where the Property is situated, has seen over 25% rent growth in the last three years and has a vacancy rate sitting at ~1% as of Q3 2021.