P.C. Richard Leases New Jersey Facility
P.C. Richard and Sons has leased a huge, 15-acre facility in Northern New Jersey, which will function as a warehouse, while a nearby building will become a retail outlet and clearance center, the New York Times reported Wednesday.
The facility, located just off the New Jersey Turnpike, in Carteret, N.J., near New York City, is meant to help the retailer expand and streamline operations in New York, New Jersey and Long Island, with the ability to reach customers in Pennsylvania.
The company has signed a four-year lease on the property with a commitment to buy.