HFF Brokers Sale of 260,046 SF Cold Storage Facility in New Jersey

by David Cohen

PERTH AMBOY, N.J. — HFF has brokered the sale of a 260,046-square-foot industrial cold storage facility in Perth Amboy. Broadstone Net Lease Inc. purchased the asset for an undisclosed price. The facility is currently triple-net leased to Preferred Freezer Storage and features 24 loading doors and clear heights of up to 42 feet. The building also features a super freezer with temperatures that reach negative 60 degrees Celsius. Preferred Freezer Services is the third largest refrigerated warehouse operator in North America, according to HFF. Scott Pertel, Jose Cruz, Jordan Avanzato and Marc Duval of HFF represented the undisclosed seller in the transaction.

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