JLL Capital Markets closed the sale of a 138,642 ft2 cold-storage facility fully leased to Seafrigo Cold Storage in Elizabeth, N.J.

Completed in 2016, the facility was a build-to-suit for Seafrigo, a France-based food distributor specializing in handling chilled, frozen and ambient products. The cold-storage building includes 18 temperature-controlled loading docks and 60’ clear heights.

JLL represented the buyer, who acquired the asset from the seller, a joint venture between the Avidan Group and Elberon Development Group.