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HIGHLIGHTS
- 31 Farinella Drive presents state-of-the-art industrial space in a brand-new building, offering 48,235 square feet across a warehouse and mezzanine.
- Enjoy a trove of property specifications, inluding five truck-level doors with levelers, a 28-foot clear ceiling height, and ample surface parking.
- Features versatile I-3 zoning for potential R&D, warehouse, data, self-storage, light-industrial, and educational uses.
- Surrounded by many amenities and located within a 30-minute drive from Downtown Newark, near convenient access to Interstates 80, 280, and 287.
FEATURES
ALL AVAILABLE SPACES(2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- SPACE USE
- CONDITION
- AVAILABLE
This property will features 97 car parking spaces, a 28-foot minimum clear height with no utilities below joists, and a 1,600-amp, 480/277-volt, 3-phase main power service. NVE, the property's owner, reconditioned the existing space to a suitable level for a like-kind re-occupancy or modify the existing space to meet the tenant's unique needs. Of note: the site can support a 40,000-square-foot footprint plus mezzanine space. Tentative East Hanover approval for space as outlined in documents. NVE seeks a long-term single occupant for the building.
- Lease rate does not include utilities, property expenses or building services
- 1 Drive Bay
- Can be combined with additional space(s) for up to 48,235 SF of adjacent space
- Access to I-287
- Includes 8,500 SF of dedicated office space
- Space is in Excellent Condition
- Central Air Conditioning
- Access to I-80
This property will features 97 car parking spaces, a 28-foot minimum clear height with no utilities below joists, and a 1,600-amp, 480/277-volt, 3-phase main power service. NVE, the property's owner, reconditioned the existing space to a suitable level for a like-kind re-occupancy or modify the existing space to meet the tenant's unique needs. Of note: the site can support a 40,000-square-foot footprint plus mezzanine space. Tentative East Hanover approval for space as outlined in documents. NVE seeks a long-term single occupant for the building.
- Lease rate does not include utilities, property expenses or building services
- 1 Drive Bay
- Can be combined with additional space(s) for up to 48,235 SF of adjacent space
- Access to I-287
- Includes 8,500 SF of dedicated office space
- High End Trophy Space
- Central Air Conditioning
- Access to I-80
| Space | Size | Term | Rental Rate | Space Use | Condition | Available |
| 1st Floor | 10,000-39,985 SF | 5-10 Years | Upon Request Upon Request Upon Request Upon Request | Industrial | Shell Space | Now |
| Mezzanine | 8,250 SF | 5-10 Years | Upon Request Upon Request Upon Request Upon Request | Industrial | Shell Space | Now |
1st Floor
| Size |
| 10,000-39,985 SF |
| Term |
| 5-10 Years |
| Rental Rate |
| Upon Request Upon Request Upon Request Upon Request |
| Space Use |
| Industrial |
| Condition |
| Shell Space |
| Available |
| Now |
Mezzanine
| Size |
| 8,250 SF |
| Term |
| 5-10 Years |
| Rental Rate |
| Upon Request Upon Request Upon Request Upon Request |
| Space Use |
| Industrial |
| Condition |
| Shell Space |
| Available |
| Now |
1st Floor
| Size | 10,000-39,985 SF |
| Term | 5-10 Years |
| Rental Rate | Upon Request |
| Space Use | Industrial |
| Condition | Shell Space |
| Available | Now |
This property will features 97 car parking spaces, a 28-foot minimum clear height with no utilities below joists, and a 1,600-amp, 480/277-volt, 3-phase main power service. NVE, the property's owner, reconditioned the existing space to a suitable level for a like-kind re-occupancy or modify the existing space to meet the tenant's unique needs. Of note: the site can support a 40,000-square-foot footprint plus mezzanine space. Tentative East Hanover approval for space as outlined in documents. NVE seeks a long-term single occupant for the building.
- Lease rate does not include utilities, property expenses or building services
- Includes 8,500 SF of dedicated office space
- 1 Drive Bay
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 48,235 SF of adjacent space
- Central Air Conditioning
- Access to I-287
- Access to I-80
Mezzanine
| Size | 8,250 SF |
| Term | 5-10 Years |
| Rental Rate | Upon Request |
| Space Use | Industrial |
| Condition | Shell Space |
| Available | Now |
This property will features 97 car parking spaces, a 28-foot minimum clear height with no utilities below joists, and a 1,600-amp, 480/277-volt, 3-phase main power service. NVE, the property's owner, reconditioned the existing space to a suitable level for a like-kind re-occupancy or modify the existing space to meet the tenant's unique needs. Of note: the site can support a 40,000-square-foot footprint plus mezzanine space. Tentative East Hanover approval for space as outlined in documents. NVE seeks a long-term single occupant for the building.
- Lease rate does not include utilities, property expenses or building services
- Includes 8,500 SF of dedicated office space
- 1 Drive Bay
- High End Trophy Space
- Can be combined with additional space(s) for up to 48,235 SF of adjacent space
- Central Air Conditioning
- Access to I-287
- Access to I-80
PROPERTY OVERVIEW
Developed by New Vernon Equities, 31 Farinella Drive is a brand-new, state-of-the-art industrial facility in East Hanover, New Jersey. It features a 40,035-square-foot warehouse footprint with an additional 8,250 square feet of dedicated office space on the mezzanine. 31 Farinella Drive is available for single-tenant occupancy with a five-to-ten-year lease term. Versatile I-3 zoning allows for a wide variety of uses, such as warehouse, light industrial, R&D, data center, self-storage, and education possibilities. Capitalize on a 28-foot clear ceiling height and five truck-level doors with 40,000-pound mechanical dock levelers for each. Additional property features include 1,600-amp, 480-volt, 3-phase power, emergency lighting, an ESFR fire suppression system, and nearly 100 standard parking spaces. New Vernon Equities is the owner/developer of this property and the adjacent 30 Farinella, a completed and fully leased 75,500-square-foot bio-pharma manufacturing facility. The two buildings sit just off the Route 10 corridor, near many dining, retail, and entertainment amenities. Benefit from efficient travel to and from the property with easy access to Interstates 80, 280, and 287, and reach Downtown Newark within a 30-minute drive.
WAREHOUSE FACILITY FACTS
MARKETING BROCHURE
DEMOGRAPHICS
REGIONAL ACCESSIBILITY
NEARBY AMENITIES
RESTAURANTS |
|||
|---|---|---|---|
| Chili's Grill & Bar | - | - | 14 min walk |
| The Office Bar And Grill | Asian | - | 15 min walk |
| Starbucks | Cafe | $ | 15 min walk |
RETAIL |
||
|---|---|---|
| AMC | Cinema | 12 min walk |
| Petco | Animal Care/Groom | 13 min walk |
HOTELS |
|
|---|---|
| Home2 Suites by Hilton |
122 rooms
4 min drive
|
| Sonesta Select |
149 rooms
7 min drive
|
LEASING TEAMS
LEASING TEAMS
Michael Mackessy,
Founding Partner
Peter Gilpatric, Founding Partner
Mr. Gilpatric leads development at NVE, bringing decades of expertise to project execution.
Michael Schipper,
Managing Director
Robert Loderstedt, Senior Managing Director
On the corporate service multi-market side of the business, Mr. Loderstedt oversaw combined portfolios for Prudential Financial and The Hartford of over 300 owned and leased locations totaling more than 12 million square feet. Mr. Loderstedt executed and/or managed over 450 real estate transactions totaling in excess of 13 million square feet across 43 states for a six-year period.
Haylee McCabe, Associate Broker
Kyle Eaton, Executive Managing Director
In 2019, Eaton was awarded the SIOR industrial designation, which represents the most knowledgeable, experienced and successful commercial real estate brokerage specialists in the country.
ABOUT THE OWNER
OTHER PROPERTIES IN THE NEW VERNON EQUITIES PORTFOLIO
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31 Farinella Dr
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