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The northern New Jersey inventory will get another jolt later this year after OfficeMax completes closures of four locations along the corridors totaling almost 93,000 square feet as part of a plan announced in January to shutter 110 under-performing stores nationwide.
Earlier this month, Huttig Building Products, one of the largest domestic distributors of millwork, building materials and wood products committed to 125,000 square feet of space for its first distribution center in Long Island at 110 Plant Avenue in Hauppauge, NY.
5 million square feet in user sales, and we expect this figure to exceed 4 million square feet by year-end.
Only about 90,000 square feet, including a contiguous block of approximately 50,000 square feet comprising the building's top four floors, is now available for lease.
At the end of the first quarter, there were 4,961,746 square feet of Class A space available versus 5,223,196 square feet last quarter.