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UPS opens new facility in 11 Taft Rd, Totowa.

UPS opens new facility in 11 Taft Rd, Totowa

United Parcel Service (UPS) has leased 282,000 square feet at 11 Taft Road in Totowa, New Jersey, for a new distribution facility, announced Robert Wilson, president of Wilson Associates, developer and manager of the singlestory warehouse building. Kenneth Crimmins, president of The Blau & Berg Company, Cranford, negotiated the long-term lease valued in excess of $35 million.

The 20-year-old building is situated on 20 acres off Riverview Drive near Routes 46, 80 and 23 in a commercial section of Totowa. United Parcel Service will custom-finish the interiors with a combination of warehouse, distribution and support office facilities.

"The building is situated on an attractive spacious parcel in a convenient area of Passaic County," Crimmin commented. "It is high-quality construction, typical of Wilson's portfolio, and the company is an established firm known to be a fair and cooperative landlord."

Based in Carlstadt, New Jersey, Wilson Associates owns and manages a portfolio of more than 1,500,000 square feet of commercial space in northern New Jersey including the 65-acre Gotham Industrial Park in the Meadowlands. 11 Taft Road is owned by Taft Associates, a partnership between Wilson Associates and Branca Associates, of East Rutherford. Leasing is handled by Robert Wilson.

PHOTO : United Parcel Service (UPS) has leased the entire 282,000 square feet building located at 11 Taft Road in Totowa, New Jersey, developed and managed by Wilson Associates.
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Article Details
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Publication:Real Estate Weekly
Article Type:Brief Article
Date:Nov 20, 1991
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