3PL Provider YunExpress Signs with Crow Holdings in Carteret

YunExpress, a global third-party logistics provider, has signed a 146,000-square-foot, long-term lease at Crow Holdings at Carteret. The commitment at 400 Salt Meadow Rd. in Carteret, NJ marks a regional expansion for YunExpress, which will become the third occupant at Crow Holdings Development’s 1.2-million-square-foot industrial campus near NJ Turnpike Exit 12.   

Savills Christopher Marx, Chris O’Connor, Steve Card, Chris Marx Jr., Taylor DeRisi and Peter Starr served as tenant representatives in the transaction. Cushman & Wakefield’s Jules Nissim, Stan Danzig and Kimberly Bach negotiated the lease as exclusive agents for Crow Holdings at Carteret.  

Founded in 2014, YunExpress ranks among the top third-party logistics companies in China, according to its website. It joins Weida Freight System, Inc. and DSV Global Transport and Logistics at Crow Holdings at Carteret. Cushman & Wakefield is marketing the campus’ one remaining full-building opportunity of 480,000 square feet at 500 Salt Meadow Road. 

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