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Sitex acquires Moonachie warehouse

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131 W. Commercial Ave., Moonachie
131 W. Commercial Ave., Moonachie - ()

Sitex Group, a real estate and development company specializing in industrial properties, has added 131 W. Commercial Ave. to its portfolio.

The 83,000-square-foot facility was purchased from a private seller; the sale price was not disclosed.

The company plans to perform interior and exterior renovations at the property to improve functionality and curb-appeal. With half of the building leased to an unnamed logistics company, Sitex says the remaining half will be available for occupation in the next month.

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Jessica Perry

Jessica Perry

Jessica is the Web Editor for NJBIZ. You can reach her at jperry@njbiz.com.

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