A 117-acre industrial site in South Jersey has sold for $110.5 million, paving the way for the construction of two speculative Class A distribution buildings. A joint venture between Clarion Partners and Baltimore-based MRP Industrial bought the expansive property at 1900 River Road in Burlington Township from Boston-based Stag Industrial, which paid $61.5 million for… Read more »
Stag Industrial, a real estate investment trust, said it sold a vacant distribution warehouse in Burlington, New Jersey, in the state’s biggest industrial sale by total price this year. The company, based in Boston, said it sold 1900 River Road, a roughly 1 million-square-foot facility that was built in 1992, for $172 million to an undisclosed… Read more »
Faropoint, an Israel-based real estate investment company with U.S. operations in Memphis, has acquired the Runnemede Corporate Center in South Jersey for $29.37 million. The properties total 304,077 square feet and include four development sites that can accommodate nearly 125,000 square feet of additional space. The existing buildings are located at 150, 155, 160, 165,… Read more »
Wolf Commercial Real Estate, a leading South Jersey commercial real estate broker with expertise in South Jersey commercial real estate listings and services, now has available a highly visible South Jersey industrial building for sale at 131 South 2nd Road Hammonton NJ. This South Jersey industrial space for sale is in a +/- 13,000 square-foot… Read more »
Wolf Commercial Real Estate, a premier South Jersey commercial real estate brokerage firm that specializes in South Jersey commercial real estate listings and services, is now offering highly visible South Jersey industrial space for sale or lease at 1249 Glen Avenue Moorestown NJ. This South Jersey industrial building for sale or lease has +/- 20,120… Read more »
Matrix Development Group is planning to develop a proposed $20 million, 145,390-square-foot distribution center on speculation along Admiral Wilson Boulevard in Camden. The project on roughly 30 acres at the intersection of South 17th Street and Admiral Wilson Boulevard could potentially produce upwards of 350 to 400 jobs and provide a boost to a beleaguered… Read more »
A logistics and shipping company is taking 59,300 square feet in Salem County, as the rural South Jersey area gains more attention as an attractive location for industrial tenants. DB USA Logistics Inc. signed a lease at 88 Industrial Park Road in Pennsville, part of a 194,000-square-foot building constructed in 1968. Terms of the deal were… Read more »
Wolf Commercial Real Estate, a leading South Jersey commercial real estate broker with expertise in South Jersey commercial real estate listings and services, now has available a flex industrial South Jersey industrial building for sale at 131 South 2nd Road Hammonton NJ. This South Jersey industrial space for sale is a +/- 13,000 square-foot building… Read more »
Wolf Commercial Real Estate, a leading South Jersey commercial real estate broker with expertise in South Jersey commercial real estate listings and services, now has available a South Jersey industrial building for sale at 108 North Gold Drive Robbinsville NJ. This South Jersey industrial space for sale is a 23,933 square-foot building and the asking… Read more »
An East Norriton developer is in the midst of securing final approvals to construct a two-building, 1.75-million-square-foot warehouse and distribution center at a unique site in Salem County. The D2 Organization is closing in on the regulatory finish line for the Garden State Logistics Park, which would include a 1.2-million-square-foot building and another 525,000-square-foot property… Read more »
