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Global Transportation Logistics inks lease in Piscataway

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276 Old New Brunswick Road, Piscataway.
276 Old New Brunswick Road, Piscataway. - ()

Brokerage firm Colliers says Global Transport Logistics has leased 253,575 square feet in a newly constructed warehouse at 276 Old New Brunswick Road, Piscataway.

GTL will relocate from Fair Lawn and almost double its footprint at the new location.

Colliers’ Noah Balanoff, Chuck Littel, Gregory Healy were part of the transaction on behalf of the tenant. JLL worked on behalf of the landlord, Industrial Property Trust.

“Our client was near capacity and continues to grow their customer base, so this was an opportune time to optimize their distribution and transportation to drive delivery costs down and increase service levels,” Balanoff said in a news release.

GTL is a licensed air, ground and ocean freight forwarding company that specializes in consolidating and transportation of less than-truckload and truckload freight.

“Greg and his team examined Global Transport Logistics’ customer and delivery locations to identify the best location,” Balanoff said in a news release. “Within the local market, 276 Old New Brunswick Road offers all the efficiencies and functionality of new industrial construction. The property is an ideal fit. The landlord, Industrial Property Trust Inc., was extremely helpful and creative in its efforts to bring Global Transport Logistics to its new development project.”

Littel also helped GTL with a recent expansion in Southern California.

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Mario Marroquin

Mario Marroquin

Mario Marroquin covers real estate. A native of El Salvador, Mario is bilingual in English and Spanish. He graduated from Penn State University and worked in Pennsylvania before moving to New Jersey. His email is mariom@njbiz.com.

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