OmLog, a global leading logistics service provider for luxury fashion products, has leased over 100,000 square-feet at Goodman Industrial Center Murray Hill with the goal of expanding its international service offering in the U.S and improving the customer experience. The upgraded, quick-start logistics facility is equipped with new power systems, enabling seamless integration with OmLog's warehouse management systems. This will help fulfil the increase in demand from existing customers and provide global connectivity from this strategic location, close to New York City. Goodman Industrial Center Murray Hill is owned and managed by Goodman Group, the global owner, developer and manager of industrial property and business space.
Marco Palazzi, Chief Executive Officer of OmLog said: "With the growing demand for our logistics services in the U.S., driven by the expansion of our international customers, we made the decision to partner with Goodman Group with a 10-year lease. The decision to work with Goodman was heavily based on our previous positive relationship in Asia. While OmLog has been outgrowing facilities year after year due to demand, Goodman has been a trusted partner in providing facilities that can handle our capacity in strategic locations within close proximity to our customer base. We are confident that our business requirements will continue to grow in this market."
OmLog is the leading 3PL worldwide provider for luxury fashion products, offering tailor-made supply chain solutions and retail assortments for national and international distribution. Goodman Industrial Center Murray Hill will help OmLog expand its business offering - enabling OmLog to improve levels of service for current customers and create opportunities for new customers. Goodman Industrial Center Murray Hill has a prime Meadowlands location in Bergen County, New Jersey within 18 miles to New York City and close proximity to multiple international airports. The logistics facility provides convenient access to Interstate 80, Brooklyn-Queens Expressway 278, the New Jersey Turnpike and Phillipsburg-Newark Expressway 78.
Anthony Rozic, CEO of Goodman North America said: "With OmLog managing its customers' complete supply chain and e-commerce solutions, it needs a facility that can back its promises of service to the customer in strategic locations. Goodman Industrial Center Murray Hill is able to assist OmLog in reaching its goals of growing U.S. presence and providing efficient services. This is done through enhanced automation requirements and new power systems that are not an industry standard but a bonus of working with Goodman. We focus on achieving supply chain efficiencies for our customers and making sure the facility is tailored to the customer's needs by making any improvements required to achieve their business goals."
"With the luxury online fashion market set to more than triple by 2025, we anticipate high demand from online marketplace platforms for high-quality fashion logistics providers like OmLog, calling for logistics facilities in the New Jersey market."
"Partnering with companies like OmLog across multiple international locations reflects our global capability and integrated customer service model. We are a strategic partner for brands dealing with last-mile logistics and warehouse automation that service New York City and currently have additional space available similar to OmLog's facility."
Matthew Dudzinski and Dustin Weeks from Atlantic Real Estate Services advised on the lease transaction.
With apparel and retail sales in the United States projected to be more than $138.7 billion by 2022, companies with active requirements can take advantage of additional local leasing opportunities at a similar facility currently available for lease. This includes the 179,303 square-feet Goodman Industrial Center Huyler located less than seven miles from New York City. Goodman's tech-enabled logistics center offers tailored office space, 18-ft clear height, superior site access and maneuvering below market real estate taxes and more. Learn more about the property here.
Goodman Group is one of the world's largest industrial property groups, with a global network spanning 17 countries and over $30 billion of assets under management. With a $2.7 billion development pipeline in the U.S., Goodman is an active developer in the New Jersey market and is currently pursuing new development and value-add acquisition opportunities. For more information about Goodman North America or additional leasing opportunities, please visit us.goodman.com or follow Goodman Group on Twitter and LinkedIn.