Piscataway, NJ, – NAI DiLeo-Bram & Co. (NAIDB) has finalized the leasing of 17,500 SF and 10,000 SF at two newly constructed industrial buildings located at 527 and 547 Stelton Rd., in Piscataway, NJ. The brokerage team of Kelly Bayer, associate vice president, and Robert V. DiLeo, sales associate, arranged the transactions on behalf of the owner.
“We had strong demand from tenants who wanted to locate their businesses at this location. As a result, we were able to pre-lease each building to single tenant users as the buildings were being constructed,” stated DiLeo.
Both buildings were completed in 2023 and are strategically located on Stelton Road between I-287 exits 5 and 6 in Piscataway Township, Middlesex County. According to the NAIDB brokerage team, Piscataway has proven a highly desirable location for today’s commercial/warehouse/industrial tenant base.
“Demand for warehouse space has remained strong across Central New Jersey, and there is very limited new product available in this size range,” said Bayer.
Featuring 17,500 SF of clear-span construction, 527 Stelton Road offers 20’-clear ceiling heights and abundant on-site parking. DiLeo and Bayer secured Stelton Sports, which will operate a recreational facility with four pickleball courts, two badminton courts and batting cages for baseball/softball and cricket.
The Commencement Group, a leading supplier of flowers and graduation-related products, relocated from Newark to lease 10,000 SF at 547 Stelton Road. The building features a total of five drive-in doors, 20’-clear ceilings and abundant parking. Bayer and DiLeo finalized the long term lease on behalf of the owner while John Gianis and Tim Cadigan of Avison Young represented the tenant. Further terms of the lease have not been disclosed.