Devli Real Estate acquires 37,000 s/f industrial at 100 Leyland Dr. in Leonia, NJ

Leonia, NJ Devli Real Estate has acquired 100 Leyland Dr.; a 37,000 s/f industrial property located within the George Washington Bridge submarket. The property offers functional industrial specifications, including 24-ft. clear ceiling heights, four dock-high loading positions, two drive-in doors, and full air conditioning throughout the facility. The acquisition further strengthens the firm’s presence in Northern New Jersey, one of the most supply-constrained and strategically important industrial markets in the country. Terms of the transaction were not disclosed.

100 Leyland Dr. is positioned near Manhattan via the George Washington Bridge and in close proximity to the Port of New York and New Jersey, providing direct access to dense consumer populations and critical logistics infrastructure. The property benefits from a stable, long-tenured occupancy, underscoring the strategic importance of the location to tenant operations. Limited new industrial development in Leonia and the broader Bergen County market further supports favorable long-term fundamentals.

“We continue to have strong conviction in the George Washington Bridge submarket given its irreplaceable access to Manhattan, dense demographics, and significant barriers to new supply,” said Chris Devli, Chief Operating Officer at Devli Real Estate. “100 Leyland Drive exemplifies the type of infill industrial asset we are focused on acquiring; properties with durable occupancy, embedded growth potential, and long-term strategic importance to tenants.”

“We’d like to thank David Aboudi of Aboudi Realty for his role in the transaction and continued collaboration,” said Edwin Lebron of Devli Real Estate. “We also acknowledge the support of Provident Bank, which provided the financing and executed a seamless closing.”

This acquisition aligns with Devli Real Estate’s broader strategy of targeting high-quality industrial assets in infill, high-barrier-to-entry markets supported by long-term demand drivers and limited competitive supply. Devli Real Estate remains actively focused on identifying additional investment opportunities throughout Northern New Jersey and continues to engage with owners, operators and brokerage partners on assets that align with this investment strategy.