CenterPoint Breaks Ground on 72,816 SF Industrial Expansion Project in New Jersey
SOMERSET, N.J. — CenterPoint Properties has broken ground on a 72,816-square-foot expansion project at the Somerset, New Jersey, manufacturing plant of PIM Brands LLC, a producer of candies and other sweets. The project will bring the facility’s size to roughly 250,000 square feet. Illinois-based CenterPoint has also signed a 15-year lease extension with PIM Brands. This extra space will accommodate new production lines and facilitate product distribution through the establishment of 40-foot clear heights, six tailboard doors and 20 auto parking stalls. Chuck Fern of Cushman & Wakefield and Bob Nathin of Sheldon Gross Realty represented PIM Brands in the lease negotiations. David Nenner represented CenterPoint internally.