CBRE has been retained as the exclusive advisor in the sale of the industrial site located at 162-176 Elizabeth Avenue in Newark, New Jersey. The existing 2± acre parcel includes a functional 140,000± SF multi-story warehouse. The site is located within Newark’s I-1 zoning which permits a variety light industrial and warehousing uses. 162-176 Elizabeth Avenue is situated blocks from the interchange of Route 21, I-78 and US 1-9, providing immediate access to the New Jersey Turnpike (I-95), Port Newark and Newark Liberty International Airport. The property is strategically situated within the Newark submarket, one of the most coveted warehouse/distribution locations in Northern New Jersey. This location provides direct access to New York City and the most densely populated, affluent consumer base in the country. 162-176 Elizabeth Avenue provides investors with an extremely rare acquisition opportunity, with ownership being amendable to short-term leaseback options and the site having tremendous long-term redevelopment potential, in the heart of one of the fastest growing industrial markets in the country.