Dalfen Industrial has solidified its dominance in the burgeoning New Jersey Industrial Outdoor Storage (IOS) market, acquiring a 24,153-square-foot facility situated on 3.98 prime acres at 7061 Route 35 in South Amboy.
The transaction, announced on Thursday by CBRE, marks Dalfen’s third IOS acquisition through the brokerage firm in the past 18 months. The deal comes at a time when institutional appetite for “low-coverage” industrial sites is at an all-time high, driven by the critical need for truck parking, container storage, and fleet maintenance space near the Port of New York and New Jersey.
The South Amboy property perfectly aligns with the joint venture criteria established between Dalfen Industrial and Centerbridge Partners, which focuses on infill IOS sites near key logistics nodes.
Property Highlights:
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Total Acreage: 3.98 acres (offering significant “yard” space).
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Building Size: 24,153 SF functional warehouse.
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Loading: 10 drive-in doors, ideal for fleet service and equipment maintenance.
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Zoning: Favorable municipal zoning allowing for heavy industrial outdoor use.
“Our priority is always creating value for our clients,” Mark Silverman, first vice president at CBRE said. “By leveraging deep market intelligence and strong relationships, we structured a deal that met the seller’s objectives while supporting Dalfen’s expansion strategy in New Jersey.”
Located directly on Route 35, the asset provides immediate access to the Garden State Parkway, Interstate 95 (NJ Turnpike), and Route 9. This “phenomenal accessibility” is the primary driver for IOS tenants, who often include third-party logistics (3PL) providers, construction firms, and e-commerce delivery fleets.
The CBRE team representing Dalfen Industrial included Silverman, Liam McGregor and Elli Klapper. “Dalfen Industrial and Centerbridge Partners have continued to showcase exceptional execution,” McGregor stated. “We are thrilled to see them secure yet another well-positioned asset.”
