Larken Associates Begins 2021 with Two Industrial Space Leases at Hillsborough Business Center
ShareLarken Associates announces it has negotiated industrial space leases with Superspar Packaging Corp. for 3,000 square feet and Bluestar Direct, LLC for 1,500 square feet of industrial space at Hillsborough Business Center located at Stryker Lane in Hillsborough, NJ.
Superspar Packaging is a leading manufacturer of wide mouth PET containers, providing competitive packaging solutions for a variety of industries including food and beverages, home, personal and pet care, beauty, automotive, industrial chemistry, personal, pharmaceutical and health and nutritional care. Superspar Packaging will be using the new industrial space to house its design, mold, manufacturing, transportation, and storage services as well as the distribution of its products to the tri-state area.
Despite challenges in other sectors of the commercial real estate market, New Jersey’s industrial/flex sector has continued to see sustained, strong demand coupled with a limited supply. In well-located markets like Hillsborough, spaces that are flexible and have the ability to provide easy access to customers and suppliers will continue to be highly attractive to a wide range of users like Superspar and Bluestar Direct for the foreseeable future.
Bluestar Direct, LLC is an e-commerce distributor of fresh, premium quality nuts, dried fruits and gift items. The company will also be utilizing their new industrial space at Hillsborough Business Center to warehouse and distribute their products to customers throughout the region.
Situated in the bustling business and residential rental community of Hillsborough, NJ, Hillsborough Business Center is a 550,000-square foot, 27-building industrial/flex complex sprawled across 100 acres. Featuring a prime location one block east of Route 206 in Somerset County, the property is easily accessible from Routes 1, 22, and 206 as well as Interstates 78 and 287. The property is ideal for a range of tenant uses including research and development, lab, warehousing, distribution, light manufacturing, and assembly, and also boasts spaces that are well-suited for fitness or recreation uses.
With units ranging from 1,125 square feet up to 40,000 square feet, the property can accommodate industrial tenants of all sizes and each suite features separate, private entrances, 18-20’ clear ceilings, and tailboard and/or drive-in doors. Additionally, the industrial leasing property offers ample parking as well as a fitness center and self-storage facility on-site.
“Despite ongoing challenges in other sectors of the commercial real estate market, New Jersey’s industrial/flex sector has continued to see sustained, strong demand coupled with a limited supply,” said Victor Kelly, Executive Vice President of Raider Realty, the in-house brokerage division of Larken Associates. “In well-located markets like Hillsborough, spaces that are flexible and have the ability to provide easy access to customers and suppliers will continue to be highly attractive to a wide range of users like Superspar and Bluestar Direct for the foreseeable future.”
“As we sought to secure a location to house our company’s operations, we knew that accessibility and adaptability would be key in identifying a suitable property,” said John Leng of Superspar Packaging. “Hillsborough Business Center not only provided both of those key pieces, but the Larken Associates’ leasing team could not have been easier to work with throughout all phases of the leasing process.”
To learn more about available industrial space at Hillsborough Business Center, please visit https://www.larkenassociates.com/commercial-leasing/hillsborough-business-center
About Larken Associates
Larken Associates is a regional leader in commercial and residential real estate building, development and management. Leveraging over 50 years of experience, they are dedicated to bringing great spaces to live and work to life through a long-term ownership strategy and full suite of in-house capabilities. With a diverse commercial portfolio consisting of nearly three million square feet and 800 tenants across office, industrial, retail and mixed-use and approximately 2,000 owned and/or managed residential units across 22 unique communities, Larken Associates is deeply committed to the communities in which they work as well as the tenants and residents who call their buildings home. To learn more about Larken Associates, please visit us at https://www.larkenassociates.com/ and follow us on LinkedIn, Facebook, Twitter, and Instagram.
