Goodman delivers Carlstadt logistics center equipped with modern infrastructure and strategically located for fast delivery to Manhattan

• 100,000 SF logistics center is strategically located in Carlstadt, New Jersey, within 6 miles of Manhattan and in close proximity to Ports of New York / New Jersey

•  40-ft ceiling clearance and 130-ft truck loading depth creates up to fifty percent more capacity compared to Class B product with 18-24 ft. internal height clearance and inadequate loading

• PILOT agreement protects customer exposure for over 30 years and provides subsidy to municipal tax assessment and reduced property taxes for 30 years. 

Goodman North America has completed the construction of Goodman Industrial Center Carlstadt II – a modern, sustainable logistics distribution center offering customers a last-mile supply chain solution to reach a population of more than 15 million in Central New Jersey and New York City.

The Northern New Jersey submarket is in high demand, with Goodman Industrial Center Carlstadt II offering a point of difference. “The recent interest rate cut has ignited increased activity across the market, and with consumer demand rapidly intensifying, along with recent resolution of the Port strikes, speed to market has never been more critical,” said Anthony Rozic, CEO of Goodman North America. “Our Carlstadt location is strategically positioned to meet this demand, providing our customers with an exceptional logistics center for fast delivery to the Tri-State market and beyond. We’re ready to help our customers capitalize on this momentum and support them in being a step ahead in meeting consumer expectations.”

Modern docks and clearance heights

Goodman Industrial Center Carlstadt II is positioned to meet the needs of the modern warehouse customer.  More than 75 percent of the surrounding market is made up of industrial buildings dating back to the 1960s and ‘70s when ceiling height clearance was a mere 18-24 feet with limited loading capabilities. In contrast, Carlstadt II has thirteen dock doors with 40-foot internal clearance heights, which enhances supply chain efficiencies. The Center also includes sustainable design elements to be built to LEED Silver standards to meet expanding customer sustainability requirements. 

Strong demand for Northern New Jersey location

Speaking to the Northern New Jersey market demand, Jeff Volpi, Director of Cushman & Wakefield Supply Chain and Logistics, the listing broker representing Carlstadt II, said, “Customers in the North Jersey market are attracted to the newer Class A product such as Carlstadt II being offered by Goodman. This is evidenced by the increase in rents we have seen over the last year for this type of premium product, despite the vacancy rates across North Jersey. With its prime location and sustainability features, Goodman’s Carlstadt II is already generating significant enquiry.”

Goodman Industrial Center Carlstadt II is available for lease. The property is located at 333 Washington Avenue Carlstadt, NJ 07072. For more information about Goodman North America or the Carlstadt property, please visit us.goodman.com or follow Goodman Group on X (Twitter) and LinkedIn.

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For further information, please contact:

Consensus

Nazan Armenian

Partner

[email protected]

Ph: (213) 239-3017

About Goodman

Goodman Group is a provider of essential infrastructure, it owns, develops and manages high quality, sustainable logistics properties and data centers in major global cities, that are critical to the digital economy.

Goodman has operations in key consumer markets across Australia, New Zealand, Asia, Europe, the United Kingdom, and the Americas. Goodman Group, comprised of the stapled entities Goodman Limited, Goodman Industrial Trust and Goodman Logistics (HK) Limited, is the largest property group on the Australian Securities Exchange (ASX: GMG), a top 10 entity by market capitalization, and one of the largest listed specialist investment managers of industrial property globally.

The Group’s property portfolio includes logistics and distribution centers, warehouses, light industrial, multi-story industrial, business parks and data centers. Goodman takes a long-term view, investing significantly alongside its capital partners in its investment management platform and concentrating the portfolio where it can create the most value for customers and investors.

For more information visit:  www.goodman.com