Colony Industrial Acquires 271,176 SF Industrial Facility in Northern New Jersey

by David Cohen

MAHWAH, N.J. — Colony Industrial has acquired a 271,176-square-foot industrial facility in Mahwah for an undisclosed price. Located at 100 Performance Drive, the warehouse was constructed in 2018 and is fully leased to power tools manufacturer Snow Joe. The acquisition brings Colony Industrial’s holdings in Northern New Jersey to 910,857 square feet. Brian Fiumara, Michael Hines and Brad Ruppel of CBRE represented Colony Industrial in the transaction. The seller was undisclosed.

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