Snack Maker Commits to 61,000 SF at Passaic County Warehouse Property
70 Maltese Drive, Totowa
TOTOWA, N.J. (Dec. 3, 2024) – Lee & Associates – WBE arranged a 61,000-square-foot industrial lease for salty snack maker Wise Foods at 70 Maltese Drive in Totowa. The commercial real estate firm’s Andrew Stypa, Daniel Badenhausen and Kyle Janoczkin served as tenant brokers in the transaction; Cushman & Wakefield represented the landlord, Longpoint.
Headquartered in Berwick, Pa., Wise Foods is the largest regional snack food company in the United States. The commitment represents a relocation and expansion from the company’s current Bergen County location. It also underscores Lee & Associates – WBE’s long-standing client relationships. Stypa has worked on behalf of Wise Foods for approximately 10 years; another lease transaction for the company is expected to close shortly.
“This property’s Passaic County address, offering easy access to major thoroughfares, was very attractive to our client,” said Stypa. “We conducted a six-month site search on behalf of Wise Foods. Ultimately, this property’s functionality, features and size created an ideal leasing scenario, and enabled our client to meet its additional space requirements.”
Wise Foods will occupy more than half of 70 Maltese Drive. The 84,000-square-foot, single-story industrial facility is situated on approximately four acres and features 16-foot ceiling heights, 10 loading docks and two drive-in doors. It is proximate to I-80; routes 46, 23 and 3; the Garden State Parkway; and Newark Liberty International Airport.
An 18-year commercial real estate brokerage veteran, Stypa joined Lee & Associates – WBE in 2022. His tenant representation relationships in the food industry also include Walong, Tawa Supermarket/99 Ranch Market, Family Foods Supermarkets and House of Spices/HOS Global Foods.
Lee & Associates – WBE has locations throughout New Jersey. The company is the regional operation of Lee & Associates, one of the leading privately owned commercial real estate services firms in the United States. Lee & Associates – WBE combines a commitment to excellence with the strength of the Lee & Associates platform, ensuring clients receive innovative solutions and unparalleled expertise.
Established in 1979, Lee & Associates maintains 75+ offices across North America and has facilitated more than $115 billion in transaction volume over the past five years. Lee & Associates professionals leverage the latest technology, resources and market intelligence to deliver superior service and optimize results for clients.
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