The company, which makes workout bikes for indoor cycling and other fitness gear, moved into the 156,068-square-foot space at 1500 Blair Road in October, CBRE said.
The team of Scott Belfer and Lou Belfer negotiated the long-term lease on behalf of the tenant. CBRE’s team of Thomas Monahan, Stephen D’Amato, Larry Schiffenhaus, Anastasia Lazarides, Lauren Griffith and Gerard Monahan represented the landlord, AEW.
“Peloton Interactive needed a state-of-the-art warehouse and distribution facility with convenient access to the New Jersey Turnpike that was also in close proximity to New York City and near a robust labor pool,” Scott Belfer, a senior vice president, said in a prepared statement. “1500 Blair Road fit our client’s requirements perfectly, and its location was a key factor in its decision to commit to a long-term lease for the entire complex.”
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