Clifton, NJ 07014
174 Delawanna Case Study
Address: 174 Delawanna Avenue, Clifton, NJ 07014 (174D)
Square Footage / Acreage: 220,000 SF / 10.5 Acres
Status: 100% Leased to Weee!
Acquisition Date: 2014
STRO acquired Bayer Healthcare’s former 55-acre North American headquarters in March 2014 and strategically exchanged it four months later for 174 Delawanna Avenue through a structured transaction with an owner-user, including a seven-year sale-leaseback.
Recognizing the growing demand for specialized cold-chain logistics, STRO repositioned 174 Delawanna as a modern refrigerated distribution hub. The facility includes 32’ clear ceiling heights, 100,000 SF of temperature-controlled space, 18 loading docks, and generous trailer and employee parking.
Today, the property is fully leased to Weee!, a fast-growing online Asian supermarket. The asset serves as a mission-critical location supporting Weee!’s tri-state distribution and demonstrates STRO’s ability to execute creative transactions and deliver high-functioning cold-storage infrastructure.
