Radius rings at 10 / 20 / 30 / 45 miles · the 45-mile ring captures 59 of 69 employees (86%). Dark pins mark the company's three current locations — Butler, Lyndhurst, and Flemington. Three long-distance employees — Little Egg Harbor NJ, Trumbull CT, Wallingford CT — plot beyond the default view (zoom out to see them).
Recent Class B/C lease comps · 287 Corridor & Somerset County · Feb 2024 – May 2026. Numbered markers correspond to the table below. The amber star marks the subject site at 100 Readington Road; radius rings at 5 / 10 / 15 / 20 miles.
Each dot is a comp (numbers match the map and table), positioned west–to–east by geographic location and vertically by first-year taking rent (NNN). The shaded band is the gap between the proposed $11.95 and the $14.00 asking rent. Eastern comps (Edison / Raritan Center) carry a central-location premium and set the top of the range; the deals nearest the subject — Marcolin ($12.50) and American Spraytech ($13.25) in Branchburg — bracket the proposal. Invoclar Vivadent is plotted at its $13.00 effective taking rent; the $7.50 first-year contract rate was concession-driven.
| # | Date | Tenant | Address | Type | SF | Term (mo) | Base Rent + Escalations | Free (mo) | TI/SF | Owner | Clear Ht | Class |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | May 2026 | Salt Logistics | 645 Howard Street, Somerset | Renewal | 65,000 | 90 | $13.50 NNN + 3.5% annual increases | 6 | $5 | Raith Capital Partners | 17′0″ | B/C |
| 2 | Apr 2026 | ISC Gums | 65 Brunswick Avenue, Edison | Renewal | 113,386 | 60 | $15.00 NNN + 3.5% annual increases | 5 | As-is | Sagard | 20′0″ - 24′0″ | B/C |
| 3 | Dec 2025 | Lex Associates | 3 Taylor Road, Edison | New Lease | 51,000 | 60 | $10.50 NNN + 3.25% annual increases | 0 | As-Is | Jos Muscrelle | 20′0″ | B/C |
| 4 | Sep 2025 | Morerich Tech | 120 Circle Drive, Piscataway | New Lease | 135,990 | 63 | $11.25 NNN + 3.5% annual increases | 3 | — | Levin Management | 24′0″ | B/C |
| 5 | Sep 2025 | Plainfield Produce | 84-88 Executive Avenue, Edison | Renewal | 30,025 | 60 | $15.22 NNN + 3% annual increases | 0 | As-Is | Heller Industrial Parks | 28′0″ | B/C |
| 6 | Aug 2025 | OEC | 131-135 Fieldcrest Ave, Edison | New Lease | 32,872 | 61 | $14.50 NNN Yr1, $14.75 NNN Yr2 + 3% annual increases thereafter | 1 | As-Is | Federal Business Centers | 24′0″ | B/C |
| 7 | Aug 2025 | Blue Whale Logistics | 75 Carter Drive, Edison | New Lease | 106,464 | 39 | $14.25 NNN + 3.5% annual increases | 3 | As-Is | Starlight Accessories | 24′0″ | B/C |
| 8 | Jul 2025 | Marcolin Eyewear | 3140 Route 22 West, Branchburg | Renewal | 151,000 | 120 | $12.50 NNN + 4.0% annual increases | 0 | $17 | Faropoint | 18′0″ | B/C |
| 9 | Jun 2025 | Source Logistics | 41-49 Distribution Boulevard, Edison | New Lease | 166,425 | 63 | $14.50 NNN + 3.5% annual increases | 3 | $2 | Heller Industrial Parks, Inc. | 22′0′ | B/C |
| 10 | Jun 2025 | Village Office Supply | 245 Belmont Drive, Somerset | New Lease | 49,483 | 62 | $14.75 NNN + 3.0% annual increases | 2 | As-Is | Heller Industrial | 24′0′ | B/C |
| 11 | Jun 2025 | JAS Forwarding | 245 Belmont Drive, Somerset | New Lease | 37,700 | 60 | $15.00 NNN + 3.5% annual increases | 0 | As-Is | Heller Industrial | 24′0′ | B/C |
| 12 | May 2025 | Invoclar Vivadent Manufacturing | 500 Memorial Drive, Somerset | Renewal | 78,802 | 194 | $7.50 Yr. 1, $13.00 Yr.2 + 3% annual escalations | 0 | $14 | Baker Properties | 26′0″ | B/C |
| 13 | May 2025 | Menasha | 112 Truman Drive, Edison | Renewal | 203,512 | 61 | $15.15 NNN + 3.5% annual increases | 1 | As-Is | Prologis | 24′0″ | B/C |
| 14 | May 2025 | Menasha | 11 Kilmer Court, Edison | Renewal | 156,000 | 61 | $15.15 NNN + 3.5% annual increases | 1 | As-Is | Prologis | 24′0″ | B/C |
| 15 | Mar 2025 | Coffman Stair Parts | 115 Fieldcrest Avenue, Edison | Renewal | 42,682 | 36 | $14.85 NNN + 3.5% annual increases | 0 | As-Is | Federal Business Centers | 24′0″ | B/C |
| 16 | Feb 2025 | American Spraytech | 140 Meister Avenue, Branchburg | New Lease | 78,997 | 72 | $13.25 NNN + 3% annual increases | 0 | As-Is | Lollicup Store | 36′0″ | A |
| 17 | Feb 2025 | Pedowitz Machinery Movers of New Jersey | 111 Cokesbury Road, Lebanon | New Lease | 200,740 | 88 | $10.00 NNN + 3% annual increases | 4 | $2.70 | Safavieh | 24′0″ | B/C |
| 18 | Feb 2024 | RMAX Logistics | 1200 Route 523, Flemington | Expansion | 72,386 | 56 | $10.00 NNN + 4% annual increases. | 0 | As-is | Safavieh | 20′0″ | B/C |