JERSEY CITY, NJ – CBRE has arranged a 95,808-square-foot,long-term lease encompassing an entire warehouse facility locatedat 79 Thomas McGovern Dr. in Jersey City, NJ.

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CBRE secured an international e-commerce company as a tenant forthe newly-developed industrial property.

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Situated on five acres of fully-fenced and secure land, theindustrial warehouse features 36-foot ceiling heights, eight dockdoors, 87 parking spaces, LED motion sensors, ESFR sprinklersystems and nearly 2,000 square feet of office space.

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The new facility represents CT Realty's first developmentproject in New Jersey.

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"79 Thomas McGovern Drive presented the tenant with a trulyunique opportunity to be located in a brand-new facility in thisprime last mile distribution area," states CBRE's Thomas Monahan."Offering direct access to New York City via the Holland andLincoln Tunnels and just a few minutes from the ports of Newark andElizabeth, as well as Newark Liberty International Airport, theproperty is ideal for the tenant's real estate and logisticsneeds."

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Representing CT Realty in the lease negotiations andspearheading the leasing campaign for the property was CBRE's teamof Thomas Monahan, Stephen D'Amato, Larry Schiffenhaus, AnastasiaLazarides, Lauren Hageman, Gerard Monahan and Brian Fiumara.

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"CT Realty is thrilled to land such a high-profile, e-commercetenant in our first development project in New Jersey," says CTRealty's Rob Huthnance. "During these uncertain times in ourindustry, it was a pleasure to work with the CBRE team and we'regrateful that they were able to get this deal across the finishline."

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Industrial Property Exterior79 Thomas McGovern Dr. in Jersey City, NJ.

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Ingrid Tunberg

Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.