please register. Learn more about our use of cookies: cookie policy, Duke acquires single-tenant, 469,000 sq. Subscribe for free. On June 15, 2020, the US Supreme Court ruled that employers subject to Title VII cannot hire, fire, or otherwise discriminate against employees based on their sexual orientation or gender identity. By proceeding, you consent to receive calls and texts at the Email: [emailprotected]. The industrial property is located on a 65-acre site within 2 miles from I-287 and 12 miles away from I-95, putting it within New Jerseys in-demand Exit 10/287 Corridor submarket. To access more business news, visitNJB News Now. The company acquired 600 Ridge Road in Piscataway from the tenant, Kiss Nail Products Inc., which was represented by NAI DiLeo-Bram & Co.s Thomas Kirczow. Discover some of the best coworking communities at the heart of Silicon Valley! Joshua Burd, an award-winning reporter and editor, has been covering New Jersey commercial real estate for eight years. Phone: (718) 715-1758 The team behind a new Stockton University residence hall in Atlantic City gathered last week to highlight the project, slated to open in fall 2023, while honoring the revered developer Jon F. Hanson for his role in guiding new investment to the resort town. The facility, which boasts an advanced-functionality design, will accommodate Kiss growing logistics needs as demand continues to strengthen from its consumer base and national retail partners in the region. The property information displayed here is obtained from public records.NJParcels.com make no guarantees on the validity of the data presented.Information should be independently confirmed and you use the information displayed here at your own risk. See sales information for 600 Ridge Rd, as far back as 30 years. 600 RIDGE RD is Block 3502, Lot 6.06 in Piscataway Twp, Middlesex County. The company is currently working on a 574,480-square-foot cross-docked industrial building in East Greenwich, N.J., thats located along the I-295. KISS LOGISTICS URBAN RENEWAL LLC 10 West Lafayette StreetTrenton, New Jersey 08608-2002, 2022 New Jersey Business Magazine | Privacy Policy | Terms of Use, Phase 2: New Good Neighbor Nominated Project Form. No location information provided for this property assessment. writeCurrency("92649.74");92649.74 annually in taxes. The added bonus is retaining an established tenant that we can now count as a customer.. See sales information for 600 Ridge Rd, as far back as 30 years. Don't Neglect These 6 Maintenance Tasks - Or Else, Debunked! Neighborhood map unable to load due to browser compatibility issues. LGBT Legal Protections updated by Movement Advancement Project, Trulia is a registered Trademark of Zillow, Inc. Zillow, Inc. holds real estate brokerage, Zillow Group is committed to ensuring digital accessibility for individuals with disabilities. Our acquisition strategy remains focused on infill, functional assets in high-barrier tier one markets and the acquisition of this modern distribution facility bolsters our best-in-class portfolio, said Seth Hall, assistant vice president of acquisitions for Duke Realty. PORT WASHINGTON, NY, 11050. The land was assessed at writeCurrency("3899400");3899400 Kiss will be a valued corporate partner to Piscataway which along with Best Buy, Fujitsu and Humanscale will thrive at what is now a state-of-the-art center for commerce that is providing good jobs for hard-working residents and welcome revenue to the Township.. The properties also boast an advanced-functionality design that allows for future growth. Representing a combination of speculative and build-to-suit opportunities, the logistics center can accommodate users with a wide variety of size and infrastructure requirements. Phase 3, Bain Capital Land $165M for San Diego Life Science https://www.commercialsearch.com/news/wp-content/uploads/sites/46/2022/07/Heidi-creighton-with-edits_mixdown.mp3. Plus, scanned images of document images are one-click away. READ ALSO: Top 5 Industrial Markets for Construction Activity. Subscribe, Top 5 Industrial Markets for Construction Activity, Sustainability Street: Skanskas Heidi Creighton on Human-Centric Buildings, Manhattan Office Development Went Through Dry Spell in Q2, Phoenix Office Construction Doubles in Q2, Related, BH Group Plan Miami Mixed-Use Project. In announcing the deal, the REIT said 600 Ridge Road boasts 40-foot clear ceiling heights, 100 dock doors and a 130-foot truck court. Shipment data shows what products a company is trading and more. All RIGHTS RESERVED Copyright 2018 Real Estate NJ 105 Eisenhower Parkway Roseland, NJ 07068, Our site uses cookies. Kiss was represented by Greg Brown and Tom Kirczow of NAI DiLeo-Bram & Co. Suppliers of similar products Kiss is excited to be relocating its distribution center to Piscataway and consolidating our four Long Island distribution locations at Rockefeller Group Logistics Center, said Richard Kim, CFO of Kiss Products, Inc. Piscataways proximity to the port of Newark/Elizabeth makes it an attractive location for reaching our customers nationally., I am thrilled that Kiss Products has chosen our community at which to manage its logistics, Piscataway Mayor Brian C. Wahler said. Many industry leaders view him as the go-to real estate reporter in the state, a role he is eager to continue as the editor of Real Estate NJ. Protection from being unfairly refused services or entry to or from places accessible to the public (retail stores, restaurants, parks, hotels, etc). Do legal protections exist for the LGBT community at the state level in New Jersey? Through the opening of its new logistics facility, Kiss anticipates that it will create more than 250 jobs in Piscataway. We are always looking for these types of opportunities to add existing, yet modern, facilities to our portfolio. If you wish to report an issue or seek an accommodation, please, 442-H New York Standard Operating Procedures. The property will still be occupied by Kiss Nail Products Inc., which will continue to use it as a distribution center for its nail products, hair accessories and cosmetics that it ships to retailers in more than 100 countries. update to your home value. Like what you're reading? Hall added in his prepared remarks that Duke Realty will continue to look for similar acquisition opportunities to expand its northern New Jersey footprint. Thousands of companies like you use Panjiva to research suppliers and competitors. Kiss Products, Inc. has purchased a 469,600-square-foot distribution building at Rockefeller Group Logistics Center in Piscataway for $65.7 million. Duke Realty did not divulge the sale price. This latest transaction with Kiss is demonstrative of the markets appetite for well-located industrial development in New Jersey and is a further testament to the quality of next-generation product that were building in Piscataway.. The interest in Rockefeller Group Logistics Center from prospective users that weve experienced to date has not only met our expectations for the project, but has actually exceeded them, said Heath Abramsohn, Vice President and Regional Director for Rockefeller Groups NJ/PA Region. This single-family home is located at 600 Ridge Rd, Piscataway, NJ. and the improvements to the property were assessed at writeCurrency("0");0. He is a lifelong New Jersey resident who has spent a decade covering the great Garden State. The global beauty company will occupy the property-situated within the 2.2-million-square-foot state-of-the-art Rockefeller Group Logistics Center- this summer. Each tenant occupies approximately 155,000 square feet. The Cushman & Wakefield team of Jules Nissim, Stan Danzig, and Marc Petrella serves as the exclusive agent for the development and represented Rockefeller Group in the transaction. trimmer manufacturerscomb manufacturersshower cap manufacturerssponge manufacturersnail manufacturersbrush manufacturersscarf manufacturersclam manufacturersbutton manufacturersmanicure manufacturers, Buyers similar to Kiss Distribution Center. The rise of flexible office space makes San Jose one of the most active markets in the country. number you provided, including marketing by autodialer and prerecorded and artificial voice, and This property has a lot size of 64.99 acres. Sales information and other title documents for 600 Ridge Road, Piscataway. The description and property data below may have been provided by a third party, the homeowner or public records. Access sales records, including seller and buyer info (when available). Earlier this year, Rockefeller Group sold two fully-leased distribution centers in Rockefeller Group Logistics Center to DWS Groups real estate platform. Records go back to 1966 and include the complete history of deeds, mortgages, assignments of leases and rents, and more! Use your smartphone or tablet to search by your current location. email, from realtor.com and, Home Buyers Reveal: 'What I Wish I Had Known Before Buying My First Home, Selling Your Home? Search by owner name and find all properties currently or previously owned. This property last sold for writeCurrency("65739900",0);65739900 on writeDate("2019-07-12");2019-07-12. 600 Ridge Rd is in Piscataway, NJ and in ZIP code 08854. Magic City offers one of the most abundant flexible space markets: coworking space in Miami accounts for more than 3% of local office space, and is poised for further expansion still. The warehouse is two miles from I-287 and 12 miles from the New Jersey Turnpike, serving as Kiss distribution center for nail products, hair accessories and cosmetics that ship to retailers in more than 100 countries. Claim your home and get email whenever there's an This property is not currently for sale or for rent on Trulia. We are continuously pursuing similar acquisition opportunities as we look to expand our footprint in northern New Jersey.. The latest CRE news, delivered every morning. Seth Hall, assistant vice president of acquisitions for Duke Realty, said in prepared remarks that the companys acquisition strategy focuses on infill assets in high-barrier tier 1 markets. 5 of the Best Coworking Spaces in San Jose. The 469,000-square-foot warehouse was built in 2019 with 40-foot clear heights, 100 dock doors and a 130-foot truck court. For property contacts like owners, building management, representatives from permits, tenants and registered voters, 600 Ridge Rd costs We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. The second building, located at 100 Ridge Road, is a 311,000-square-foot distribution center that is leased by two tenants: Fujitsu General America Inc. (Fujitsu General) and Humanscale. The acquisition was financed by Citibank, City National Bank and Shinhan Bank America. Flexible transaction options allow for users to either lease or own space within Rockefeller Group Logistics Center. The Deed for 600 Ridge Rd is filed with the County Clerk in Book 17558 on Page 1530. Art Makris, regional president of the Northeast Region at Duke Realty, said in prepared remarks that the warehouses location is one of the most desirable markets along the I-287 corridor since it has access to millions of consumers and nearby ports. Looking for a property near you? KISS LOGISTICS URBAN RENEWAL LLC This property was assessed for writeCurrency("3899400");3899400. The first building, a 725,000-square-foot distribution center located at 300 Ridge Road, was fully-leased during construction to Best Buy. HS96-Miscellaneous manufactured articles, HS33-Essential oils and resinoids; perfumery, cosmetic or toilet preparations, HS82-Tools, implements, cutlery, spoons and forks, of base metal; parts thereof, of base metal, HS85-Electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles, HS68-Stone, plaster, cement, asbestos, mica or similar materials; articles thereof. In May, Duke Realty also signed a long-term lease with a global apparel importer at its 488,884-square-foot facility in South Brunswick, N.J., bringing it to full occupancy. Use your smartphone or tablet to search by your current location. ft. office for Newark-based staffing firm, Azarian touts 3,900 sq. Duke Realty has grown its industrial portfolio in northern New Jersey after acquiring a recently built industrial warehouse in a sale-leaseback deal. Thomas Kirczow of NAI DiLeo-Bram & Co. represented the undisclosed seller. Assessed at $61,300,000, the tax amount paid for 600 Ridge Road, Piscataway, NJ 08854 is $1,394,575. Search by address to access the property report or search by location to build lists of properties. Here are the neighbors for 600 Ridge Road, Piscataway. 8 Myths About Renting You Should Stop Believing Immediately, 6 Ways Home Buyers Mess Up Getting A Mortgage, 6 Reasons You Should Never Buy Or Sell A Home Without An Agent, Difference Between Agent, Broker & Realtor, Real Estate Agents Reveal the Toughest Home Buyers They've Ever Met. The deal, which closed late last year, brought the Dukes New Jersey portfolio to 9.6 million square feet. Duke Realtys New Jersey portfolio totals 9.6 million square feet across 25 properties. Access detailed property tax data for 600 Ridge Road, Piscataway, NJ 08854. ft. learning center lease in Livingston among new retail, office deals, Stockton honors Hanson for role in Atlantic City, marks milestone for new residence hall. He also said in his prepared remarks that the deal had an added bonus of retaining an established tenant.
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