250 Industrial Way West - OLD

Avison Young, as the exclusive agent for Ownership, is pleased to offer for sale 250 Industrial Way West (the “Property”). The 140,000± square foot building sits on over 10 acres of land and has been home to SubCom since its completion in 1999. SubCom is owned by Cerberus Capital Management, a global alternative investment firm with $60B AUM. The buildout is specific to SubCom’s needs and includes office space, laboratories, and underground test structures. Approximately 46,000 square feet of the building’s area is dedicated to lab space for R&D, plus two data centers of 11,580 square feet (NOC) and 750 square feet. The property has 441 parking spots: 359 of which are located around the perimeter of the property with an additional 82 spots located in a covered garage. There are also three loading docks - two dock-high and one overhead. The building includes a cafeteria, two elevators, 4,000 amps of electricity, generators and more. The property enjoys convenient access to the Garden State Pkwy and NJ-18.