Dalfen Industrial Acquires Vacant NJ Warehouse

Dalfen Industrial Acquires Vacant NJ Warehouse

A recently built warehouse in Lumberton, New Jersey, has been sold for $34.3 million to Dalfen Industrial, according to a report on the company’s website. The 219,123-square-foot Lumberton Logistics Center, located at 1800 NJ-38, features 40-foot ceilings, two drive-ins, 36 dock doors, and 115 parking spaces. Construction began in August 2022 by Active Acquisitions and was completed the following year.

In April 2024, Pangea Mortgage Capital, the lender for Active Acquisitions, took ownership of the property through a related entity. On December 19, Pangea sold the warehouse to Dalfen Industrial in an off-market transaction.

*Article courtesy of Costar

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