Burlington County, a Philadelphia suburb in southern New Jersey and a key East Coast logistics hub, faces rising availability rates despite strong tenant demand. Developers, eager to capitalize on rising industrial rents, have flooded the market with new space, outpacing current demand. At the start of the third quarter, Burlington County had the second-highest vacancy… Read more »
Wolf Commercial Real Estate, the leading commercial real estate and advisory firm in South Jersey has been appointed the exclusive listing agent for 1879 Old Cuthbert, Cherry Hill, New Jersey 08003. The Cheryy Hill property is available for sale. The property holds +/- 1,600 square feet that could be utilized by industrial and office users…. Read more »
Wolf Commercial Real Estate, the leading commercial real estate and advisory firm in South Jersey has been appointed the exclusive listing agent for The Shops at the Crossings, 2501 Route 541, Burlington, NJ 08016. The Burlington property is available for lease. The property holds +/- 40 acres, that could be utilized by retail, land, medical,… Read more »
Wolf Commercial Real Estate, the leading commercial real estate and advisory firm in South Jersey has been appointed the exclusive listing agent for 1636 Bridgeboro Road, Edgewater Park, NJ 08010. The Edgewater Park property is available for sale. The property holds +/- 4,000 square feet on 4 acres, that could be utilized by land and… Read more »
A pair of Pennsauken warehouses sold for $22.95 million as part of an acquisition by upstate New York food manufacturer Baldwin Richardson Foods. In April, Baldwin Richardson announced the purchase of Pennsauken Packing Co., including its warehouses at 1550 and 1600 John Tipton Blvd. Camden County property records revealed the price. Pennsauken Packing, a subsidiary… Read more »
Walmart is closing a fulfillment center in South Jersey, affecting 271 workers, according to a state filing. The retail giant is relocating operations from its 705,000-square-foot facility in Pedricktown, New Jersey, to a new fulfillment center in Greencastle, Pennsylvania, a Walmart (NYSE: WMT) spokesperson said. The layoffs will be effective September 9, according to the… Read more »
Construction is underway on a two-warehouse complex that will provide over 1.12 million square feet of space, though the occupants have yet to be determined. The Rockefeller Group Logistics Center, which received local planning approval in late 2022, sits on a 141-acre property assembled from 13 parcels purchased from 11 different owners. “The project was… Read more »
Wolf Commercial Real Estate, the leading commercial real estate and advisory firm in South Jersey has been appointed the exclusive listing agent for 2091 Springdale Road, Cherry Hill, New Jersey 08003. The Cheryy Hill property is available for lease. The property holds +/- 3,075 square feet that could be utilized by industrial users. Features of… Read more »
Wolf Commercial Real Estate, the leading commercial real estate and advisory firm in South Jersey has been appointed the exclusive listing agent for 1916 Old Cuthbert Road, Suite A, Cherry Hill, New Jersey 08034. The Cheryy Hill property is available for sale. The property holds +/- 1,600 square feet that could be utilized by medical… Read more »
Following the triumph of initial phases in a significant Philadelphia-area industrial project, NorthPoint Development extends its investment in the region by commencing construction on another $590 million project in South Jersey. NorthPoint, headquartered in Kansas City, Missouri, held a ceremonial groundbreaking on Tuesday for the 3.8 million-square-foot Turnpike 1 Trade Center in Woodstown, Salem County…. Read more »
