Sitar Realty Company, Iselin, New Jersey announced the recent lease of a build-to-suit +/-125,000 square foot warehouse in Tinton Falls, New Jersey. The end-user of this site will be using this facility as a “last-mile” warehouse distribution center. Robert JanTausch, Senior Director and Douglas Sitar, Executive Vice President, represented the landlord. Andrew Siemsen of KBC Advisers represented the Tenant.
The warehouse will be located on a +/-50-acre site located between Exits 100B and 102 of the Garden State Parkway in Tinton Falls, NJ and will act as a “last-mile” facility for the tenant.
Robert JanTausch said, “The property’s central location in Monmouth County and proximity to the Garden State Parkway and six major highways makes it ideal for a last-mile location for any logistics company.
Based in Iselin, New Jersey, Sitar Realty Company-TCN Worldwide is the largest remaining privately owned commercial real estate firm in New Jersey. The firm has been in existence since 1978. Sitar Realty Company specializes in retail, office and industrial leasing and sales, property disposition, consulting, investments, property management, rent receiverships, development and property tax consulting/tax appeals. The firm has consistently represented owners, developers and corporations for some of the largest leases signed in the New Jersey metropolitan area. Sitar Realty Company also has an office in Sea Girt that focuses on both commercial and residential real estate.
In 2011, Sitar Realty Company was selected to become a member of TCN Worldwide. TCN Worldwide is comprised of more than 800 commercial real estate professionals serving more than 200 markets worldwide. As a member of the TCN Worldwide system, Sitar Realty Company is able to provide corporate real estate services to its clients in national and international markets utilizing the best local expertise.
For more information, please visit the Sitar website at www.sitarcompany.com.