Dermody Properties has broke ground on a 154-acre logistics park in South Jersey, a region where industrial space remains in high demand. The three-building, 1.2 million square-foot logistics park, called LogistiCenter at Woolwich, is located at the intersection of Route 322 and Locke Avenue in Woolwich Township in Gloucester County. Dermody plans to make significant improvements… Read more »
A 1.1-million-square-foot warehouse distribution center leased to Target Corp. in Logan, New Jersey, has traded for $265 million. Torchlight Investors of New York bought the newly developed building at 300 Creekview Ave. and a nearby lot at 400 Crossroads Blvd. The sale came in at $240 a square foot and 2.98% cap rate, according to… 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 South Jersey industrial space for sale at 326 South Wade Boulevard Millville NJ. This South Jersey industrial space for sale sits on five acres of land and this… Read more »
Bed Bath & Beyond Inc., a retailer that sells home goods, is vacating a 350,000-square-foot warehouse it operates in South Jersey and laying off 124 employees. The company, which announced at the beginning of this year that it would shutter 43 stores across its chain, plans to close those South Jersey warehouse operations at 270… Read more »
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 326 South Wade Boulevard Millville NJ. This South Jersey industrial building for sale at 326 South Wade Boulevard Millville NJ contains… Read more »
A California real estate company has paid $107.74 million, or $201 a square foot, for a pair of industrial buildings in South Jersey. Watson Land Co. bought a 283,040-square-foot building at 100 Huff Lane, and a 252,750-square-foot building at 191 Harmony Road, enters South Jersey with the purchase, and expands its East Coast presence. The… 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 326 South Wade Boulevard Millville NJ that is less than half a mile from Route 55. This South Jersey industrial space… Read more »
Wharton Equity Partners has picked up six more industrial properties totaling 283,400 square feet in South Jersey, growing its presence in the market to a total of 1.3 million square feet. Wharton bought the properties in Cherry Hill and Pennsauken in two separate transactions. The deals highlight Wharton’s focus on buying smaller buildings as well… Read more »
Whitesell Co. has unloaded more properties from its vast holdings, selling three industrial buildings in South Jersey for an estimated $48 million. High Street Logistics bought the three industrial buildings totaling 401,827 square feet that were fully occupied at the time of sale. Though the sale price couldn’t be confirmed, market sources said that it… Read more »
High Street Logistics Properties has purchased a three-building industrial portfolio totaling 402,000 square feet in South Jersey. The buyer, based in Woburn, Massachusetts,acquired 300 Richards Run in Burlington, 1090 Thomas Busch Memorial Highway in Pennsauken, and 823 E. Gate Drive in Mount Laurel. The portfolio was 100% occupied at the time of sale. The seller was Whitesell Construction Co. of Mount Laurel, New… Read more »
