Bergen County · Teterboro Borough · #20240026
Storage building, 200 Hollister Rd.
200 Hollister Rd., Teterboro Borough, NJ · 166,725 sq ft non-residential, warehouse & storage
About this project
A building permit for a moderate-hazard storage building of about 166,700 sq ft at 200 Hollister Rd. in Teterboro Borough.
Official description: Storage building, moderate hazard; reported construction cost $9,597,689
- Plan type
- Building permit (new construction)
- Land use
- Storage building, moderate hazard
- Status
- Permit
Filing history
- 2024-08-20 · #20240026 · Building permit (new construction) · 166,725 sq ft
The full picture AI research · Nov 1, 2026
The project is a single-story warehouse and distribution building at 200 Hollister Rd. in Teterboro Borough. It has about 166,700 square feet of space. County records describe it as a moderate-hazard storage building and list a building permit filed in August 2024.
Trade press identifies the developer as Seagis Property Group. It markets the building as the Teterboro Distribution Center. Reported features include very tall ceilings (about 40 feet), roughly 37 to 40 loading docks, a large truck court, and parking for 46 trailers and 114 cars. It also has a small office area.
The building was under construction in early 2025 with a summer 2025 target. An October 2025 report says it was completed and is being marketed for lease. No tenant was named. No local hearing records or opposition were found, and the site's earlier use was not reported.
What it could mean nearby
- Truck traffic is likely, given the many loading docks and trailer parking. The sources do not include a traffic study.
- The site is described as close to Teterboro Airport and major highways, which suggests trucks would use main roads.
- Jobs will depend on the eventual tenant, which has not been announced.
- No homes, schools or open space are involved according to the records found.
Where it stands
Based on trade reports, construction is finished and the building is being marketed to tenants. The next step is usually leasing to a company, followed by any tenant-specific approvals or permits for its occupancy.
- Oct 3, 2025 Trade press reported the building completed and available for lease
- Jan 27, 2025 CBRE named exclusive leasing agent; building still under construction, with summer 2025 completion targeted
- Aug 20, 2024 Latest county filing, a building permit for the storage building
Want to weigh in? The building appears complete, so no public approval vote is known to be pending; questions can go to Teterboro Borough's planning and zoning office.
Who's behind it
Seagis Property Group · A Metro Philadelphia-based developer of industrial and warehouse properties, including other buildings in northern New Jersey such as Newark and East Rutherford.
Around the web
- Seagis Property Group Completes 166,725 SF Warehouse in Teterboro, New JerseyREBusiness Online · Oct 3, 2025Reports the warehouse completed, lists its features, and says it is being marketed for lease with no tenant named.
- CBRE named exclusive leasing agent for new Teterboro distribution centerROI-NJ · Jan 27, 2025Identifies Seagis as owner, describes the building and its location, and gives a summer 2025 completion target.
- Seagis completes ground-up 167,000 sq. ft. industrial project in TeterboroReal Estate NJReports the developer finished the ground-up industrial building at 200 Hollister Road.
Planning terms explained
- Building permit
- Official permission from the local government to construct a building according to approved plans.
- Speculative building
- A building constructed before a tenant has signed a lease, in the hope of attracting one.
- Moderate-hazard storage
- A fire-code category for storing goods that burn at a moderate rate, which affects the building's safety requirements.
- Clear height
- The usable vertical space inside a warehouse, from the floor to the lowest overhead obstruction.
- Truck court
- The paved area beside loading docks where trucks maneuver and park.
Researched by AI from public sources on Nov 1, 2026. It can make mistakes, so check the linked sources and the municipality before relying on it.
Scope estimate for contractors
Estimated construction value: $21.7M
- ~1,667 roofing squares (assumes 1 story)
- ~416 tons of cooling (rule of thumb 400 sq ft/ton)
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