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  • CBRE: 79 Thomas Mcgovern Drive in Jersey City Ready for Occupancy

CBRE: 79 Thomas Mcgovern Drive in Jersey City Ready for Occupancy

Jersey City, NJ | October 28, 2019
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79 Thomas McGovern Drive

Construction of Newly Developed Prime Industrial Facility Marketed by CBRE Completed

CBRE today announced the construction completion of a newly developed industrial facility located at 79 Thomas McGovern Drive in Jersey City, New Jersey. The 95,808 sq. ft. warehouse property represents the first project in New Jersey developed by CT Realty, a national real estate investment and development company specializing in logistics and e-commerce solutions for corporate America.

The CBRE team of Thomas Monahan, Stephen D'Amato, Larry Schiffenhaus, Anastasia Lazarides, Lauren Hageman and Gerard Monahan spearhead the leasing campaign for the property on behalf of CT Realty.

“It is very rare to have a brand new warehouse facility located in a last mile distribution area with the type of quality space offered at 79 Thomas McGovern Drive,” said Monahan. “The property is ideally located with immediate access to New York City via the Holland and Lincoln Tunnels and within minutes of the Newark and Elizabeth ports, as well as Newark Liberty International Airport.”

“We are excited to unveil this state-of-the-art facility, which is located in one of the hottest industrial markets in the Tristate region, to the real estate community,” said Rob Huthnance, Executive Vice President, CT Realty.

Located in the heart of Jersey City, 79 Thomas McGovern Drive sits on approximately five acres of fully fenced and secure land and offers 36-foot ceiling height, eight dock doors (six additional possible), 87 car parking spaces, ESFR sprinkler systems, LED motion sensors and nearly 2,000 sq. ft. of office space.

For more information on this property, please contact Lauren Griffith at (201) 712-5667 or [email protected].

About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas is the world’s largest commercial real estate services and investment firm (based on 2019 revenue). The company has more than 100,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 530 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.

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