The Stro Companies (“Stro”) announced today it leased 11,600 square feet of flex industrial space to Marovato Industries (“Marovato”) at 2 Amboy Avenue, Woodbridge, NJ (“2 Amboy”). 2 Amboy is a 65,000 square foot flex industrial facility featuring units 2,000 to 35,000 square feet in size. 2 Amboy is located just off Route 440 near the Outer Bridge Crossing and minutes from the New Jersey Turnpike, the Garden State Parkway, I-287, US 1 and Route 9. The property was redeveloped from a manufacturing facility to multi-tenanted flex industrial facility by Stro in 2008.
Marovato is a Brooklyn based provider of pipe support and engineering. The company also operates Marovato Italian Imports, an importer of Italian foods. Marovato leased two units at 2 Amboy to expand their warehouse capacity for both of their business lines. The company selected 2 Amboy Avenue, due its easy access to Brooklyn via the Outer Bridge Crossing.
Marovato was represented by Richard Goski and Catherine Goski of NAI DiLeo-Bram & Company, who also represented Stro. “Richard and Catherine understood the value of 2 Amboy’s location immediately. They expanded the marketing area of the property to include Brooklyn and Staten Island. These areas have a growing pool of tenants actively looking for convenient and cost effective industrial space in New Jersey” said Todd Minerley Director of Acquisitions and Leasing for Stro. Minerley further added “The Marovato lease was one of a number of recent lease transactions at 2 Amboy this winter. This leasing activity was highlighted by a 35,000 square foot lease to Englert’s Leaf Guard division. Based on this recent leasing activity, we expect strong demand for our only vacancy, a rare 5,500 square foot flex unit with 32 foot clear ceilings”.