A two-property industrial outdoor storage site in Bergen County has been sold as part of a major new investment push targeting the Meadowlands and other key markets.

JLL Capital Markets said this week it completed the sale of the Premier Meadowlands industrial outdoor storage site in Moonachie, a location totaling approximately 1.44 acres.

Sagard Real Estate and La Caisse purchased the storage site through a joint venture, according to a statement from JLL.

The sale marks the first acquisition under a newly announced partnership between Sagard and La Caisse focused on industrial outdoor storage across national markets.

JLL Capital Markets, which brokered the deal, represented seller Sitex Group while bringing the buyers to the deal.

The purchase price was not disclosed.

The two-property deal totals approximately 1.44 acres and features 8,817 square feet of building space across both sites.

The facilities serve fleet parking and truck maintenance operations for logistics and distribution companies requiring proximity to densely populated areas for last-mile delivery services.

The properties, which were renovated in 2025, include five drive-in doors, 47 parking spaces, and clear heights ranging from 15 to 17 feet.

The JLL team included managing directors Nicholas Stefans and Jason Lundy, and senior analyst Luke Ceccoli.

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