Alfred Sanzari Enterprises announces the acquisition of a 78,650-square-foot industrial building located at 1 Pond Road, in Rockleigh, N.J.
Located less than one mile from the New York State border, 1 Pond Road boasts 63,500 square feet of dedicated warehouse space,15,150 square feet of office space, nine loading docks, and 19’ clear ceiling heights. In addition to its flexible layout, the building features a superior location less than five miles from the Palisades Interstate Parkway and less than 15 miles from both the George Washington Bridge and Governor Mario M. Cuomo Bridge. Further adding to the building’s unparalleled location, the property offers easy access to regional highways such as Route 9W and Interstates 87 and 287 as well as international shipping hubs like Port Newark/Elizabeth, Newark Liberty International Airport, John F. Kennedy International Airport, and LaGuardia International Airport.
1 Pond Road is fully leased to NVC Logistics Group, serving as the national logistics firm’s headquarters and New York City regional warehouse. For over 40 years, NVC Logistics Group has expertly handled millions of home and business transactions for distributors, retailers, and e-commerce companies. Leveraging a nationwide network of over 200 facilities and one million square feet of warehouse space, proprietary cutting-edge technology, and a dynamic support team, NVC Logistics Group provides a wide range of turnkey, final mile logistics and supply chain services including centralized warehousing, inventory, distribution, and cross-docking to clients across the nation. The company’s national network allows its team to provide logistics and supply chain services in any zip code throughout the United States with service to both Canada and Puerto Rico.
The addition of 1 Pond Road further bolsters Alfred Sanzari Enterprises’ 21-building industrial portfolio. Leveraging a long-term, legacy ownership strategy and a focus on tenant service, Alfred Sanzari Enterprises’ industrial properties are among the most in-demand in northern New Jersey. With a range of highly adaptable and well-located properties, Alfred Sanzari Enterprises provides homes to a diverse slate of companies hoping to operate and grow in New Jersey.
“Our portfolio of high-performing, stable industrial assets has been a key component for much of our success over the past 75 years,” said Stephen Jennings, Vice President of Leasing and Marketing at Alfred Sanzari Enterprises. “The acquisition of 1 Pond Road only enhances our robust property offerings and provides our firm with a strategically located, stabilized industrial property in the heart of one of the region’s most in-demand industrial markets. We look forward to building a lasting relationship with NVC Logistics Group and continuing to ensure this remains one of the market’s premier industrial properties for years to come.”
Andrew Somple, SIOR, of NAI James E. Hanson represented Alfred Sanzari Enterprises and Don Eisen and Andrew Schwartz of Cushman & Wakefield represented the seller, Jewish Home Foundation, in the transaction.