PNK Group, a New York-based industrial developer, is set to expand its footprint in the Philadelphia area with a new 270,000-square-foot warehouse planned for South Jersey. The facility will be built on a 53-acre parcel in Waterford Township, located near the northeast intersection of Routes 30 and 73 in Camden County.

The project falls under a 20-year Payment in Lieu of Taxes (PILOT) agreement, offering tax advantages for future tenants and users. With a redevelopment agreement already secured by Waterford Township, the project is cleared to proceed without the need for zoning modifications.

Designed for flexibility, the facility will accommodate various industrial needs, including manufacturing, warehousing, and distribution. To streamline construction, PNK will use its signature large-format precast blocks, produced at its manufacturing plants in Bethel, Pennsylvania, and Georgia.

*Article courtesy of Philadelphia Business Journal

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