Investment Overview

The Geller Group at Marcus & Millichap is pleased to present for Sale and/or Lease 2 Corporate Place Piscataway, NJ. This offing represents a rare opportunity to acquire a functional, well-located industrial asset in one of Central New Jersey’s most established and supply-constrained submarkets. The 44,362-square-foot facility, situated on 4.96 acres, was constructed in 1973 and has been maintained to support modern industrial, distribution, and high-power operational requirements. Featuring two exterior loading docks, 20-foot clear heights, a wet sprinkler system, and robust 3,600-amp heavy power, the property offers a versatile platform for a wide range of industrial users, from manufacturing and assembly to specialized warehouse and technology-related operations. The building includes 14,000 square feet of office space—31.6% of the total area—providing an ideal balance for users requiring both administrative and operational functions under one roof. It may potentially be possible to recapture the majority of office SF and convert back to warehouse use. The building is Zoned LI5 (Light Industrial) as the property allows for a broad range of permitted uses, enhancing long-term adaptability and tenant demand. A low 0.21 FAR, combined with 82 surface parking spaces and significant land coverage, creates optionality for outdoor storage, yard usage, or potential expansion subject to approvals. This land-to-building ratio is a meaningful competitive advantage in a market where large, usable industrial sites are increasingly scarce. Strategically positioned within Piscataway’s established industrial corridor, the location offers direct access to major transportation arteries, ensuring efficient regional and interstate logistics connectivity. The immediate area benefits from proximity to I-287, Route 440, I-95/NJ Turnpike, and Port Newark/Elizabeth distribution networks, making it an attractive choice for companies seeking to improve speed-to-market and supply chain reliability. The surrounding submarket remains one of New Jersey’s most resilient industrial clusters, supported by strong tenant demand, limited new supply, and consistent institutional investment activity. 2 Corporate Place provides investors with a stable, functional, and highly utilitarian industrial asset with strong real estate fundamentals, competitive site characteristics, and long-term tenant appeal. Its combination of power capacity, loading, office space, and expansion potential positions the property as a compelling acquisition for both owner-users and investors seeking value in one of the Northeast’s premier logistics markets.