Colliers International Group Inc. announced Friday it has negotiated an industrial/warehouse lease at the 218,100-square-foot Prologis Monroe in Monroe Township.
The 128,700-square-foot lease is located at 2 South Middlesex Ave.
Jonathan Tesser and Michael Markey, executive managing directors in the firm’s Princeton office, along with Eric Chou of the firm’s Ontario, California-based office, represented the tenant, SIF Services LLC.
CBRE represented the landlord, Prologis.
SIF Services, according to Tesser, plans to consolidate its New Jersey-based operations at Prologis Monroe.
“The company had two smaller facilities in New Jersey, and due to its growth and additional business, there was a need to expand and consolidate their operation into one larger space,” Tesser said in a prepared statement. “Located less than two miles from Exit 8A of the New Jersey Turnpike, Prologis Monroe was perfectly suited for SIF Services LLC’s requirements and offered the tenant a strategic location in the heart of a desirable Middlesex County submarket.”