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1029 Newark Avenue FreezPak1029 Newark Avenue is a ground-up development of an approximately 140,000 square foot cold storage facility on a site located in two different municipalities – the cities of Elizabeth and Newark New Jersey. Construction was completed in November 2021 for Elberon Development Group and Fidelco Realty Group. The development won NAIOP-NJ’s 2021 Industrial Deal of the Year.