THE DEPO
30 UNION AVE, HASKELL (WANAQUE) NJ 07420​

​​

THIS DUAL-PHASE PROJECT LOCATED ON-TURN OFF I-287 IN THE HASKELL COMMUNITY OF WANAQUE BOROUGH NJ CONSISTS OF ONE APPROVED 272,000 SF CROSS-DOCK INDUSTRIAL BUILDING ON 31-ACRES (PHASE 1) AND ONE PROPOSED SHALLOW BAY COMPONENT TOTALING 100,000 SF ON 55 ACRES (PHASE 2). UPON COMPLETION, PHASE 1 OF THE PROJECT WILL FEATURE 40’ CLEAR, FULL BUILDING CIRCULATION, AMPLE LOADING (1 PER 3,160 SF) AND ABOVE MARKET AUTO/TRAILER SPACES, WHILE PHASE 2 WILL FEATURE TWO TERMINALS WITH 177 COMBINED TRAILER PARKING SPACES.

​

THE DEPO OFFERS EFFICIENT ACCESS TO LABOR AND AFFLUENT CONSUMERS IN BERGEN, PASSAIC, AND MORRIS COUNTIES VIA ROUTE-23 AND ROUTE-208. THE PROJECT ALSO PROVIDES ACCESS TO NYC, PORT OF NJ/NY, AND EWR VIA ROUTE-17 AND ROUTE-80. BULK DISTRIBUTION OCCUPIERS INCLUDING AMAZON, WALGREENS, FEDEX, RAYMOUR & FLANIGAN, AND OTHERS ARE LOCATED ALONG THE I-287 CORRIDOR STRADDLING THE NY STATE BORDER. THIS REGIONAL INDUSTRIAL SUBMARKET HAS AN OCCUPANCY RATE OF 93.8% WITH CURRENT CLASS-A TAKING RENTS EXCEEDING $20.00 PSF.

​

THE PROJECT HAS BEEN SUCCESSFULLY TAKEN THROUGH A MULTI-YEAR APPROVAL PERIOD AND HAS OBTAINED ALL NECESSARY PERMITTING TO COMMENCE SITEWORK ON PHASE 1. THE PHASE DEVELOPMENT TIMELINE, DIVISIBILITY, AND FINALIZED 30-YEAR PILOT WILL ATTRACT A VAST MAJORITY OF OCCUPIERS SEEKING REGIONAL CONNECTIVITY ALONG ONE OF THE MOST HEAVILY TRAFFICKED INTERSTATE CORRIDORS IN NNJ.