In the fall of 2021, Elberon Development Group and its partner The Fidelco Group, delivered a seventy-five foot clear, 140,000 square foot, freezer warehouse on a site located in two different municipalities – the cities of Elizabeth and Newark. The project involved numerous complexities including the formation of two different joint ventures, government approvals from two different cities, environmental remediation, and myriad construction complications compounded by circumstances of the pandemic. The resulting project won NAIOP-NJ’s 2021 Industrial Deal of the Year (Elberon’s third development project to win the prestigious award.)
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