Teterboro Logistics Center | 1 Malcolm Ave
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Teterboro Logistics Center 1 Malcolm Ave
97,350 - 515,421 SF of 4-Star Industrial Space Available in Teterboro, NJ 07608
Virtual Tour
Highlights
- Offering unparalleled highway access throughout the Northeast and beyond, Teterboro Logistics Center is a brand-new 515,421-SF industrial facility.
- Maximize operation efficiency with 83 dock-high doors, four drive-in doors, 40-foot warehouse ceiling heights, and ample vehicle and truck parking.
- Benefit from convenient Manhattan accessibility as the property is located less than 10 miles to the Lincoln Tunnel and the George Washington Bridge.
- Near strategic I-80 and I-95 connectivity and surrounded by a robust workforce of nearly 10% of the labor pool serving as warehouse employees.
Features
Clear Height
40’
Column Spacing
53’ x 60’
Warehouse Floor
8”
Drive In Bays
4
Exterior Dock Doors
83
Cross Docks
Yes
Standard Parking Spaces
331
all available space(1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Space Use
- Condition
- Available
- 4 Drive Ins
- 83 Loading Docks
| Space | Size | Term | Rental Rate | Space Use | Condition | Available |
| 1st Floor | 97,350-515,421 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Industrial | - | Now |
1st Floor
| Size |
| 97,350-515,421 SF |
| Term |
| Negotiable |
| Rental Rate |
| Upon Request Upon Request Upon Request Upon Request |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| Now |
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1st Floor
| Size | 97,350-515,421 SF |
| Term | Negotiable |
| Rental Rate | Upon Request |
| Space Use | Industrial |
| Condition | - |
| Available | Now |
- 4 Drive Ins
- 83 Loading Docks
Property Overview
Teterboro Logistics Center, located at 1 Malcolm Avenue, is a newly delivered, state-of-the-art industrial facility in Teterboro, New Jersey. Containing 515,421 square feet, the property is adjacent to Teterboro Airport and offers tenants unparalleled highway access and mobility throughout the northeast region. Teterboro Logistics Center is located within 10 miles of the George Washington Bridge and the Lincoln Tunnel and is easily accessible to Manhattan. Ideal for warehousing and distribution, the facility offers 83 exterior dock-high doors and four drive-in doors. Warehouse specifications include up to 40-foot ceiling heights, 53-foot by 60-foot column spacing, 2,000-amp power, and an ESFR sprinkler system. The property also features build-to-suit office space, a 331-space parking lot with 42-banked parking spaces, and ample parking space to accommodate up to 94 trailers. Situated in the heart of the New Jersey Meadowlands, Teterboro Logistics Center provides direct access to the United States’ largest and most concentrated consumer and business base. Reach Interstate 80 access in 1.2 miles and Interstate 95 access in under 3 miles. Draw from a robust employment base as nearly 10% of the total workforce serves as skilled warehouse employees.
Warehouse FACILITY FACTS
Building Size
515,421 SF
Lot Size
14.20 AC
Year Built
2023
Sprinkler System
ESFR
Power Supply
Amps: 2,000 Phase: 3
Marketing Brochure
About Teterboro Airport
Industrial properties located near Teterboro Airport offer immediate access to the I-95 corridor, Manhattan, and the rest of the New York metropolitan area.
Many facilities here present an ideal plug-and-play opportunity for users in search of space with proximity to major travel arteries and major shipping outlets. Properties here lie approximately 20 miles from the Port of Newark and Newark Liberty International Airport. Many properties are also highly accessible as Route 17 is within 3 miles, providing easy access to I-80, I-280, and the I-95 corridor.
Occupiers here are able to both service a densely populated area as well as draw from it, as the Teterboro Airport area is in close proximity to a substantial warehouse workforce.
DEMOGRAPHICS
Regional Accessibility
CITY
POPULATION
MILES
DRIVE TIME
New York
8,398,748
15
0 h 25 m
Philadelphia
1,584,138
95
1 h 58 m
Boston
694,583
213
4 h 32 m
Washington
702,455
228
4 h 39 m
Columbus
892,533
554
10 h 21 m
Detroit
672,662
613
11 h 25 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
4,669,307
Total Labor Force
2,460,079
Unemployment Rate
4.83%
Median Household Income
$75,486
Warehouse Employees
261,783
High School Education Or Higher
86.80%
Nearby Amenities
Restaurants |
|||
|---|---|---|---|
| Dunkin' | Cafe | - | 4 min walk |
| Starbucks | Cafe | $ | 6 min walk |
| MT. Fuji Restaurant | - | - | 6 min walk |
| KFC | - | - | 8 min walk |
| Taco Bell | Fast Food | - | 9 min walk |
Retail |
||
|---|---|---|
| United States Postal Service | Business/Copy/Postal Services | 12 min walk |
| Harbor Freight Tools | Hardware | 13 min walk |
| Walgreens | Drug Store | 18 min walk |
| Costco Wholesale | Wholesale Club | 19 min walk |
| Gold's Gym | Fitness | 21 min walk |
Hotels |
|
|---|---|
| element |
126 rooms
4 min drive
|
| Hilton |
355 rooms
5 min drive
|
| Homewood Suites by Hilton |
126 rooms
7 min drive
|
Leasing Team
Leasing Team
David Knee, Vice Chairman
(201) 528-4440
Contact
David Knee is Vice Chairman at JLL, responsible for overseeing the growth of the Northeast industrial practice in New Jersey, Pennsylvania and New York. He is also the Vice Chairman of JLL’s Industrial Council for the Eastern Region, and a practice leader for JLL’s 3PL vertical. He has been with JLL since November 2007.
David has 30 years of real estate experience. Prior to joining JLL, he was a Principal and Executive Vice President at Klatskin Associates, which was sold to JLL in 2007. He has extensive experience in supply chain & logistics, tenant representation and agency leasing. During his career, David has completed over 100 million SF. of sales and lease transactions valued at more than several billion dollars. In 2020 alone, he completed 21 million SF. of transactions, with a volume of $1.5 billion dollars.
He is a former secretary for the Industrial Real Estate Brokers Association of the New York Metropolitan Area (IOREBA). He is a member of the Society of Industrial and Office Realtors (SIOR), the Council of Supply Chain Management Professionals (CSCMP) and the Retail Industry Leaders Association (RILA).
David has 30 years of real estate experience. Prior to joining JLL, he was a Principal and Executive Vice President at Klatskin Associates, which was sold to JLL in 2007. He has extensive experience in supply chain & logistics, tenant representation and agency leasing. During his career, David has completed over 100 million SF. of sales and lease transactions valued at more than several billion dollars. In 2020 alone, he completed 21 million SF. of transactions, with a volume of $1.5 billion dollars.
He is a former secretary for the Industrial Real Estate Brokers Association of the New York Metropolitan Area (IOREBA). He is a member of the Society of Industrial and Office Realtors (SIOR), the Council of Supply Chain Management Professionals (CSCMP) and the Retail Industry Leaders Association (RILA).
Chris Hile, Executive Managing Director
(201) 304-3427
Contact
Chris Hile, a Vice President with JLL specializes in the sale and leasing of industrial real estate in both North and Central Jersey. Chris has been involved in many of the firm’s successful agencies. He specializes in “hard work”. Prior to joining JLL, Chris has spent six years in Northern and Central New Jersey working with manufacturers, food and beverage, logistics and trucking companies large and small selling and servicing Caterpillar lift trucks and designing and implementing rack systems. In this highly competitive and brutal market place Chris was able to demonstrate his ability to not only retain customers but continue to generate new business by continuing through the traditional methods of prospecting, canvassing and a lot of hustle.
Doug Rodenstein, Vice President
(201) 528-4340
Contact
With over nine years of experience in commercial real estate, he is a Vice President at JLL, where he provides industrial real estate brokerage and advisory services to clients across the US. He has a proven track record of closing complex deals, negotiating favorable terms, and building long-term relationships with diverse stakeholders. He leverages his skills in real estate transactions, market analysis, contract management, and client communication to deliver optimal solutions for clients' needs and goals. Prior to joining JLL, he was a Vice President at CBRE, where he was recognized for his outstanding performance and leadership. He is passionate about industrial real estate and its impact on the economy, society, and environment. he strives to uphold the highest standards of professionalism, ethics, and integrity in my work. He is always eager to learn new skills, explore new opportunities, and collaborate with talented and diverse teams.
Leslie Lanne, Vice Chairman
(212) 292-7597
Contact
Leslie Lanne is a Managing Director at Jones Lang LaSalle, specializing in institutional Landlord and Tenant representation in the Northeast Region, which includes New York, New Jersey, Pennsylvania and Delaware.
Prior to joining JLL, Ms. Lanne served as Senior Vice President with GLP US, running the Northeast/Mid-Atlantic region which included overseeing all leasing, acquisitions, dispositions, property management and project management for more than 30 million square feet of distribution space. Prior to GLP, Leslie was a member of the senior team of IndCor Properties (a Blackstone Company) with the same region and responsibilities she continued to execute at GLP, when they acquired IndCor Properties. Before that, Leslie was Vice President at Prologis responsible for their 24 million square foot portfolio in New Jersey. Earlier, Leslie held roles at Deutsche Asset Management and was a commercial real estate office broker with Spaulding & Slye (acquired by JLL) in Boston, MA.
Ms. Lanne has extensive experience and history with not only institutional investors/owners but has been involved with over 80m square feet of transactions with e-commerce, distribution and warehousing tenants, giving her insight and access to decision-makers and how they evaluate their real estate from site selection to lease execution. Leslie’s 19 years of experience across real estate verticals, in multiple regions and markets enables her to help our clients achieve unparalleled results.
Leslie is a licensed real estate broker in the state of New Jersey, New York and Pennsylvania.
Prior to joining JLL, Ms. Lanne served as Senior Vice President with GLP US, running the Northeast/Mid-Atlantic region which included overseeing all leasing, acquisitions, dispositions, property management and project management for more than 30 million square feet of distribution space. Prior to GLP, Leslie was a member of the senior team of IndCor Properties (a Blackstone Company) with the same region and responsibilities she continued to execute at GLP, when they acquired IndCor Properties. Before that, Leslie was Vice President at Prologis responsible for their 24 million square foot portfolio in New Jersey. Earlier, Leslie held roles at Deutsche Asset Management and was a commercial real estate office broker with Spaulding & Slye (acquired by JLL) in Boston, MA.
Ms. Lanne has extensive experience and history with not only institutional investors/owners but has been involved with over 80m square feet of transactions with e-commerce, distribution and warehousing tenants, giving her insight and access to decision-makers and how they evaluate their real estate from site selection to lease execution. Leslie’s 19 years of experience across real estate verticals, in multiple regions and markets enables her to help our clients achieve unparalleled results.
Leslie is a licensed real estate broker in the state of New Jersey, New York and Pennsylvania.
Gary Politi, Senior Managing Director
(732) 491-2178
Contact
Mr. Politi is responsible for developing new business and strengthening relationships with JLL’s existing clients. Mr. Politi is an expert in NJ’s Turnpike Corridor market and utilizes JLL’s extensive platform to assist his clients nationwide.
Mr. Politi has been a member of one of the most prominent Industrial Real Estate teams in NJ since 2013. His clients served include Prologis, Bridge Development Group, John Wiley & Sons, Pilot Freight Services, Pinnacle Freight Systems, GGI, Ukay Delivery and Gould Paper Inc.
Mr. Politi has been a member of one of the most prominent Industrial Real Estate teams in NJ since 2013. His clients served include Prologis, Bridge Development Group, John Wiley & Sons, Pilot Freight Services, Pinnacle Freight Systems, GGI, Ukay Delivery and Gould Paper Inc.
Seth Geldzahler, Senior Managing Director
(201) 404-5418
Contact
Seth Geldzahler specializes in providing logistics and supply chain solutions, transaction management/lease negotiation, and brokerage services for institutional landlord and tenant clients in the purchase/sale and leasing of industrial real estate in the Eastern Region as well as for select user clients throughout major US industrial markets.
Prior to joining JLL in January 2021, Mr. Geldzahler served as Vice President Real Estate with Bed Bath & Beyond for over 20 years.
He was responsible for all aspects of real estate including growth from under 100 stores to over 1,500 locations for 9 operating brands, including identification, acquisition, development, sale/leaseback and disposition of over five million square feet of industrial distribution space, office space, contact centers and a data center across North America.
Previously, Mr. Geldzahler practiced real estate law in Philadelphia, PA and Morristown, NJ.
Prior to joining JLL in January 2021, Mr. Geldzahler served as Vice President Real Estate with Bed Bath & Beyond for over 20 years.
He was responsible for all aspects of real estate including growth from under 100 stores to over 1,500 locations for 9 operating brands, including identification, acquisition, development, sale/leaseback and disposition of over five million square feet of industrial distribution space, office space, contact centers and a data center across North America.
Previously, Mr. Geldzahler practiced real estate law in Philadelphia, PA and Morristown, NJ.
About the Owner
Read More
Contacts
-
David Knee -
Chris Hile -
Ignatius Armenia -
Doug Rodenstein -
Leslie Lanne -
Gary Politi -
Seth Geldzahler -
JLL
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Teterboro Logistics Center | 1 Malcolm Ave
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