Amazon Teterboro OM

SUMMARY E X E C U T I V E

As exclusive agent, Cushman & Wakefield’s National Industrial Advisory Group is pleased to offer a 100% fee interest in Amazon Teterboro for sale. Located at the heart of the Meadowlands, Amazon Teterboro represents a rare opportunity to acquire scale, functionality and investment grade credit in New Jersey’s most sought after industrial market. The Property ranks in the top 1% of the Meadowlands 83 MSF inventory, offering 616,992 SF and clear heights up to 32 feet, in a market primarily comprised of small, 50+ year old industrial buildings. The Property is in the final stages of an $80 million transformation into a state-of- the-art sortation center, the cornerstone of Amazon’s same and next-day last mile operations. Designed to service New York City’s five boroughs, Northern New Jersey, Southern New York State and Western Connecticut, The Property is fully-climate controlled and will include over 14 miles of automated conveyor lines. Once completed, Amazon Teterboro ’s 1,600 employees working 24/7/364 will touch an estimated 5,000 packages per day. Fully leased through July 2026, Amazon Teterboro offers investors approximately nine years of investment grade cash flow with contractual rent steps averaging 2% per year.

HOLLISTER ROAD

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A CUSHMAN & WAKEFIELD NATIONAL INDUSTRIAL ADVISORY GROUP