A direct-mail marketing company has closed a $20.2 million sale-leaseback deal for its combined headquarters and distribution facility in southern New Jersey. ICS sold its 183,000-square-foot industrial property at 100 Friars Blvd., in West Deptford to Clarion Partners Real Estate Income Fund, which is that group’s second investment. The building is fully occupied by ICS, which uses… Read more »
Posts Categorized: South Jersey Industrial Space
New Jersey Industrial Portfolio Trades for $16 Million
Industrial Investments Inc. has acquired a 21-building industrial portfolio in Camden County, New Jersey, for $16.1 million from The Bloom Organization. The sale involved 21 buildings in West Berlin, including the Bloomfield Business Park, that total 251,410 square feet. The buyer is an affiliate of Blue Bell, Pennsylvania-based Industrial Investments, while the seller, Bloom, is headquartered in… Read more »
South Jersey Industrial Space for Sale in Delran
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 South Jersey industrial space for sale at 1818 Underwood Boulevard Delran NJ. This South Jersey industrial space for sale is zoned M-1 for limited industrial and office use… Read more »
Centrally Located South Jersey Industrial Space for Sale in Cedarville
Wolf Commercial Real Estate, a leading South Jersey commercial real estate brokerage firm that specializes in South Jersey commercial real estate listings and services, is now offering South Jersey industrial space for sale at 28 Maple Avenue Cedarville NJ. This South Jersey industrial space for sale consists of two warehouses and this South Jersey industrial… Read more »
South Jersey Industrial Space for Sale in Cedarville
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 South Jersey industrial space for sale at 28 Maple Avenue Cedarville NJ. This South Jersey industrial space for sale consists of two warehouses and this South Jersey industrial… Read more »
New York Investor Buys Barrington Business Center for $43 Million
Triangle Capital Group Sells 932,000-SF Industrial Facility in Barrington, New Jersey New York-based Sun Equity Partners purchased Barrington Business Center in Barrington, New Jersey, from Triangle Capital Group for $43 million, or about $46 per square foot. The 931,682-square-foot, two-story industrial facility at 1 Commerce Drive comprises 90 loading docks and levelators, five drive-in bays, 40- by… Read more »
South Jersey Industrial Space for Sale in Newfield
Wolf Commercial Real Estate, a leading Southern New Jersey commercial real estate broker with expertise in South Jersey commercial real estate listings and services, now has available highly visible South Jersey industrial space for sale at 151 Porchtown Road Newfield NJ. This South Jersey space for sale is a +/- 10,433 square-foot building. This Southern… Read more »
South Jersey Industrial Space for Sale on Oak Road in Vineland
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 South Jersey industrial space for sale at 1740 East Oak Road Vineland NJ. This South Jersey industrial space for sale sits on 3.1 acres of land and this… Read more »
MINIMIZING RISK IN SELLING OR DECOMMISSIONING INDUSTRIAL PROPERTY UNDER ISRA
In an improving economy, industrial property can change hands frequently. In a declining one, industrial property owners may be forced to wind up operations and close the facility. If you own or intend to purchase or shut down an industrial facility in New Jersey, pay particular attention to the provisions contained in the state’s Industrial Site Recovery… Read more »
South Jersey Industrial Properties Feel the Pinch from New Construction
Less than five years ago, South Jersey warehouse and distribution buildings began to experience a surge in leasing driven largely by e-commerce retailers and third-party logistics firms. Distributors sought locations along Route 130 and Interstate 295 stretching all the way from Pedricktown (just east of Wilmington, Delaware) to Bordentown (just south of Trenton, New Jersey)… Read more »
