Salem Glassworks Redevelopment Signals Industrial Growth in South Jersey

83 Griffith Street

Salem Glassworks, a former industrial landmark, is entering a new phase of redevelopment in Salem, New Jersey. Recently, a real estate developer acquired the long-vacant property with plans to restore manufacturing operations at the site.

As a result, the project could bring renewed economic activity to the area. Orlando Perdomo of Perdomo Worldwide purchased the more than 28-acre property, which includes a warehouse exceeding 500,000 square feet. The site is located at 83 Griffith Street in Salem.

The transaction marks a significant step toward repositioning the property for modern industrial use. Therefore, the redevelopment reflects growing investor interest in large-scale industrial assets across Southern New Jersey.

*Article courtesy of NJ.com

For more information about South Jersey industrial space for sale or lease, please contact WCRE at 856-857-6300.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage, advisory and property management firm, is a premier South Jersey commercial real estate broker that provides a full range of commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other commercial properties for buyers, tenants, investors and sellers.

Please visit our website, www.wolfcre.com, for a full listing of commercial properties for lease or sale through our commercial real estate brokerage firm.

Endurance RE Group Sells South Jersey Facility

Endurance Real Estate Group sells South Jersey distribution facility

Endurance Real Estate Group sold East Gate Center in Mount Laurel, New Jersey, for $17.55 million. The buyer was Associated Builders and Contractors, a national trade association based in Washington, D.C. The deal was structured as an owner-user purchase. Additionally, the price reflects roughly $165.57 per square foot.

Food Sciences Corp. occupies the property. The company develops and packages nutritional products that support people managing obesity and related conditions. It has operated at this location since 2019.

The building totals 106,000 square feet. It includes 8,105 square feet of office space, 13 loading docks, and 10 drive-in bays. The facility was built in 1982 and remains fully leased.

*Article courtesy of Costar

For more information about South Jersey industrial space for sale or lease, please contact WCRE at 856-857-6300.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage, advisory and property management firm, is a premier South Jersey commercial real estate broker that provides a full range of commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other commercial properties for buyers, tenants, investors and sellers.

Please visit our website, www.wolfcre.com, for a full listing of commercial properties for lease or sale through our commercial real estate brokerage firm.

EQT Real Estate Pays Over $100M for Five Warehouses

EQT Real Estate buys 5 South Jersey industrial sites for $105.6M

EQT Real Estate has acquired five fully leased industrial properties across South Jersey for a combined $105.6 million, further strengthening its presence in the region.

According to property records, the Radnor-based firm purchased the assets from New York–based Link Logistics. The portfolio totals 681,947 square feet, valuing the transaction at approximately $155 per square foot.

Four of the South Jersey assets are single-tenant buildings, while the fifth consists of three adjacent warehouses.

In a concurrent transaction, EQT also acquired four additional properties in North Jersey from Link Logistics, bringing the firm’s total New Jersey portfolio to 893,625 square feet.

*Article courtesy of Philadelphia Business Journal

For more information about South Jersey industrial space for sale or lease, please contact WCRE at 856-857-6300.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage, advisory and property management firm, is a premier South Jersey commercial real estate broker that provides a full range of commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other commercial properties for buyers, tenants, investors and sellers.

Please visit our website, www.wolfcre.com, for a full listing of commercial properties for lease or sale through our commercial real estate brokerage firm.

PNK Group Expands South Jersey Footprint

PNK Group Expands South Jersey Footprint with New 268K SF Facility

Industrial developer PNK Group has officially broken ground on a new 268,000-square-foot multi-functional facility in Waterford Township, Camden County.

According to Mark Stiles, partner at PNK Group, the southern New Jersey region holds strategic importance for the company, and this latest project represents a key initiative for both PNK and local officials. The groundbreaking ceremony drew regional leaders, including Senator Paul D. Moriarty, Mayor Robert Doney, Deputy Mayor Thomas Giangiulio, Police Chief Daniel Cormaney, and other representatives from Waterford Township.

Southern New Jersey continues to experience strong industrial demand due to its strategic location, proximity to four major seaports, dense population base, and access to skilled labor. The new facility is strategically positioned at the intersection of Routes 30 and 73, offering convenient access to I-295 and the New Jersey Turnpike. Within a 150-mile radius, the site reaches roughly 35 million people, encompassing major metropolitan areas including New York, Philadelphia, Baltimore, and Washington, D.C.

The project also falls under a 20-year PILOT (Payment In Lieu of Taxes) program, providing substantial tax benefits for future tenants and end users — further enhancing the site’s long-term economic appeal.

*Article courtesy of NJB Magazine

For more information about South Jersey industrial space for sale or lease, please contact WCRE at 856-857-6300.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage, advisory and property management firm, is a premier South Jersey commercial real estate broker that provides a full range of commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other commercial properties for buyers, tenants, investors and sellers.

Please visit our website, www.wolfcre.com, for a full listing of commercial properties for lease or sale through our commercial real estate brokerage firm.

Fruit Juice Company Investing $200M in New N.J. Facility

Fruit Juice Company Investing $200M in New N.J. Facility

A major fruit juice company is making a significant investment in southern New Jersey, announcing plans to spend $200 million on a new large-scale production facility in Cumberland County. The project marks one of the region’s biggest manufacturing investments in recent years and is expected to bring new jobs and economic growth to the area.

While the company has not been officially named, reports suggest it may be Lassonde Industries, a Canada-based beverage manufacturer known for its juice brands and past statements about building a U.S. facility of similar scale. The Cumberland County site offers access to key transportation routes, local labor, and potential state incentives that make it an attractive location for expansion.

The plant will handle high-volume juice production and distribution, reinforcing New Jersey’s growing role in food and beverage manufacturing. Construction timelines and job creation numbers have not yet been released, but the investment is expected to provide a meaningful boost to the local economy and further position Cumberland County as a center for industrial growth.

*Article courtesy of NJ.com

For more information about South Jersey industrial space for sale or lease, please contact WCRE at 856-857-6300.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage, advisory and property management firm, is a premier South Jersey commercial real estate broker that provides a full range of commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other commercial properties for buyers, tenants, investors and sellers.

Please visit our website, www.wolfcre.com, for a full listing of commercial properties for lease or sale through our commercial real estate brokerage firm.

Berkeley Partners Acquires $36.2M Industrial Warehouse in South Jersey

Berkeley Partners Acquires $36.2M Industrial Warehouse in South Jersey

A California real estate investment firm has made a major acquisition in South Jersey. Oakland-based Berkeley Partners purchased a 275,000-square-foot industrial warehouse at 500 University Court in Blackwood for $36.2 million, according to public records. The seller was an entity tied to New York-based investment firm TPG Angelo Gordon.

The deal equates to roughly $131 per square foot. The property is currently leased to Mochila Fulfillment, a third-party logistics provider, and Kärcher, a global supplier of municipal street and sidewalk sweeping equipment.

Originally built in 1996 and renovated in 2013, the warehouse is strategically located just off Route 42 and within eight miles of Interstate 276, offering strong connectivity for distribution and service operations.

Berkeley Partners, which specializes in light industrial assets such as last-mile warehouses, small-bay business parks, and light manufacturing properties, has steadily grown its footprint in the Philadelphia region. The firm now owns nine properties totaling 619,000 square feet locally, while its national portfolio spans 106 properties across 14 markets, encompassing more than 11 million square feet.

*Article courtesy of Philadelphia Business Journal

For more information about South Jersey industrial space for sale or lease, please contact WCRE at 856-857-6300.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage, advisory and property management firm, is a premier South Jersey commercial real estate broker that provides a full range of commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other commercial properties for buyers, tenants, investors and sellers.

Please visit our website, www.wolfcre.com, for a full listing of commercial properties for lease or sale through our commercial real estate brokerage firm.

Keystone Safety Expands in Pennsauken with $18.95M Industrial Acquisition

A Pennsauken industrial building has changed hands for the second time in just over a year—this time at a nearly 30% markup.

A Pennsauken industrial building has changed hands for the second time in just over a year—this time at a nearly 30% markup.

General Investment and Development, which purchased the 111,000-square-foot property at 8290 National Highway last year, has sold it for $18.95 million to an entity tied to Keystone Safety.

The 100-year-old safety equipment company already operates next door at 1591 Hylton Road, where it occupies 143,000 square feet and employs about 100 people. The new acquisition allows Keystone to expand its South Jersey footprint while consolidating operations in close proximity.

*Article courtesy of Philadelphia Business Journal

For more information about South Jersey industrial space for sale or lease, please contact WCRE at 856-857-6300.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage, advisory and property management firm, is a premier South Jersey commercial real estate broker that provides a full range of commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other commercial properties for buyers, tenants, investors and sellers.

Please visit our website, www.wolfcre.com, for a full listing of commercial properties for lease or sale through our commercial real estate brokerage firm.

AI Data Center Nears Completion in Cumberland County

Massive AI data center with major energy needs under construction in South Jersey

A 2.6 million-square-foot artificial intelligence data center is nearing completion in Vineland, marking a major milestone for tech infrastructure in South Jersey. The project, led by Netherlands-based Nebius Group, will be the company’s first U.S. facility and one of the largest AI data centers in the region.

Located on a private industrial site near South Lincoln and Sheridan avenues, the campus will feature six 220,000-square-foot buildings designed to house servers and advanced computing systems. Plans also include a four-story office building and a parking garage, signaling significant investment and growth opportunities for Cumberland County.

*Article courtesy of NJ.com

For more information about South Jersey industrial space for sale or lease, please contact WCRE at 856-857-6300.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage, advisory and property management firm, is a premier South Jersey commercial real estate broker that provides a full range of commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other commercial properties for buyers, tenants, investors and sellers.

Please visit our website, www.wolfcre.com, for a full listing of commercial properties for lease or sale through our commercial real estate brokerage firm.

Mapletree Breaks Ground on Class A Industrial Facility in Westampton

Mapletree Breaks Ground on Class A Industrial Facility in Westampton

Singapore-based Mapletree Investments has commenced construction on a cutting-edge industrial facility in Westampton Township, New Jersey, just outside Philadelphia.

The 250,000-square-foot project, located at 1960 Burlington-Mount Holly Road, sits on a 22.5-acre site and is slated for completion in the second quarter of next year.

Designed as a Class A facility, the development will offer 36-foot clear heights, 44 dock doors, two drive-in doors, 150 parking spaces, and 62 trailer stalls. Additional features include electric vehicle charging stations, LED lighting, smart meters, and a solar-ready roof, according to Chiagorom Osu, Mapletree’s head of U.S. logistics development.

*Article courtesy of Costar

For more information about South Jersey industrial space for sale or lease, please contact WCRE at 856-857-6300.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage, advisory and property management firm, is a premier South Jersey commercial real estate broker that provides a full range of commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other commercial properties for buyers, tenants, investors and sellers.

Please visit our website, www.wolfcre.com, for a full listing of commercial properties for lease or sale through our commercial real estate brokerage firm.

D2 Organization Plans $55M Industrial Project on 76 Acres in Carneys Point

D2 Organization Plans $55M Industrial Project on 76 Acres in Carneys Point

D2 Organization has purchased a 76-acre property in Carneys Point, New Jersey, for $5.7 million, with plans to develop two large-scale distribution warehouses totaling 476,300 square feet.

The East Norriton-based firm acquired the former farm at 965 Harding Highway from private owner Fedele DePalma. According to CEO Keith Delaney, construction is expected to begin in 2026. The project, excluding land costs, carries an estimated development budget of $55 million, equating to roughly $115 per square foot.

Plans call for two buildings: one at 315,700 square feet and another at 160,600 square feet. The location offers strategic connectivity, sitting just two miles from I-295 and five miles from the Delaware Memorial Bridge. With Amazon and Trek Bicycles operating nearby, Delaney sees strong demand indicators for the project.

*Article courtesy of Philadelphia Business Journal

For more information about South Jersey industrial space for sale or lease, please contact WCRE at 856-857-6300.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage, advisory and property management firm, is a premier South Jersey commercial real estate broker that provides a full range of commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other commercial properties for buyers, tenants, investors and sellers.

Please visit our website, www.wolfcre.com, for a full listing of commercial properties for lease or sale through our commercial real estate brokerage firm.