Dalfen Industrial Purchases Lumberton Logistics Center

Dalfen Industrial Purchases Lumberton Logistics Center

A recently built, vacant warehouse in Lumberton, New Jersey, has sold for $34.3 million, following the lender’s repossession of the site. Dalfen Industrial, based in Dallas, acquired the 219,123-square-foot Lumberton Logistics Center in an off-market deal from Chicago’s Pangea Mortgage Capital, sources confirmed. The property at 1800 Route 38 was developed in 2023 by Active Acquisitions, a Wall, New Jersey-based firm specializing in industrial properties. The warehouse was built speculatively and has yet to be leased, according to Dalfen Industrial.

*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 and advisory 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.

Walmart Closing Fulfillment Center in South Jersey

Walmart closing 2nd South Jersey fulfillment center

Walmart is set to close another South Jersey warehouse as part of a broader effort to revamp its distribution strategy.

In a notice filed with the New Jersey Department of Labor & Workforce Development, the company revealed plans to cut 113 jobs at its Swedesboro location by March 7, 2025.

A Walmart representative confirmed that the site operates as an e-commerce fulfillment center for its Sam’s Club brand.

*Article courtesy of NJ Biz

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 and advisory 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.

Flex Condo Available For Sale or Lease

6604 Delilah Road, Suite D, Egg Harbor Township

Wolf Commercial Real Estate, the leading commercial real estate and advisory firm in South Jersey has been appointed the exclusive listing agent for 6604 Delilah Road, Suite D, Egg Harbor Township, New Jersey 08234. The Egg Harbor Township property is available for sale and for lease.

The property holds 1,846 square feet that could be utilized by industrial users.

Features of 6604 Delilah Road

6604 Delilah Road, Egg Harbor Township, New Jersey is available at the beginning of 2025 and has ample parking, AC/Heat, office space, a bathroom, a kitchenette, and two tall garage bays. The Garden State Parkway & AC Expressway are minutes away from the property and close to the Black Horse Pike, Route 9, various retailers, and the Atlantic City International Airport.

For more information about the sale or lease price or a tour of the industrial space, please contact John Mazurie, Senior Advisor, at (856) 857 6386 or via email john.mazurie@wolfcre.com. To review the brochure, please click here.

Wolf Commercial Real Estate is a full-service CRE brokerage and advisory firm with a full range of commercial real estate listings and services. The firm handles a variety of properties including medical, office, industrial, retail and investment. WCRE represents buyers, landlords, investors, tenants and sellers and also provides property management services. For a full list of buildings and suites that are available for sale or lease, visit www.wolfcre.com.

Premier Flex/Industrial Building & Land For Sale

Premier Flex/Industrial Building & Land For Sale

Wolf Commercial Real Estate, the leading commercial real estate and advisory firm in South Jersey has been appointed the exclusive listing agent for 18 Herbert Road, Upper Freehold, New Jersey 08691. The Upper Freehold property is available for sale.

The property holds 21,300 SF total with +/- 19,800 SF of warehouse and +/- 1,500 SF of office space, that could be utilized by industrial users.

Features of 18 Herbert Road

18 Herbert Road has four doors total, 2 doors at 18′ tall & 24′ wide and 2 doors at 18′ tall and 18′ wide, +/- 60,000 SF paved and stone lot, 10,63-acre parcel, 3-phase/480-volt power, well water/septic and is zoned as  AR (agricultural residential). Additionally, the property has three restrooms (1 full bathroom with shower), an oil-fired heat warehouse, and an air-conditioned/forced air heat in the office. The property existed before current zoning restrictions were established, therefore the subject is a legal, non-conforming warehouse. The yearly taxes of 18 Herbert Road is $28,602.

The property is less than 10 minutes to I-95, I-195, and NJ Turnpike and is 60 miles from New York City and 35 miles from Philadelphia.

For more information about the sale price or a tour of the industrial space, please contact Ryan Barikian, Vice President, at (856) 857 6307 or via email ryan.barikian@wolfcre.com. To review the brochure, please click here.

Wolf Commercial Real Estate is a full-service CRE brokerage and advisory firm with a full range of commercial real estate listings and services. The firm handles a variety of properties including medical, office, industrial, retail and investment. WCRE represents buyers, landlords, investors, tenants and sellers and also provides property management services. For a full list of buildings and suites that are available for sale or lease, visit www.wolfcre.com.

Premier Cherry Hill Flex/Industrial Unit For Lease

Premier Cherry Hill Flex/Industrial Unit For Lease

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, Unit 17, Cherry Hill, New Jersey 08003. The Cherry Hill unit is available for lease.

The unit holds +/- 3,655 square feet that could be utilized by flex/industrial users.

Features of 2091 Springdale Road

2091 Springdale Road is available at the end of 2024. Included in the property are one 8’x8′ loading dock, 16′ ceiling height, six individual offices, a reception area, a conference room, a kitchenette, and two restrooms with furniture available upon request. It is a zoned industrial restriction having a dry sprinkler system and electric is 120/208 Volt 200 amp service with a sub panel that has 100 amps. The building has suite signage and Comcast & Verizon Internet services available.

The property has easy access to Routes 70 and 73, NJ Turnpike, and I-295 and is 15 minutes from the Tacony-Palmyra and Ben Franklin Bridges. Additionally, 2091 Springdale Road is close to various hotels, restaurants, and retailers.

For more information about the lease price or a tour of the industrial space, please contact Erin Warwick, Executive Vice President, at (856) 857 6303 or via email erin.warwick@wolfcre.com and Ryan Barikian, Vice President, at (856) 857 6307 or via email ryan.barikian@wolfcre.com. To review the brochure, please click here.

Wolf Commercial Real Estate is a full-service CRE brokerage and advisory firm with a full range of commercial real estate listings and services. The firm handles a variety of properties including medical, office, industrial, retail and investment. WCRE represents buyers, landlords, investors, tenants and sellers and also provides property management services. For a full list of buildings and suites that are available for sale or lease, visit www.wolfcre.com.

Camden County Warehouse to Be Upgraded After Sale

Camden County Warehouse to Be Upgraded After Sale

A vacant industrial building in Pennsauken, New Jersey, has been sold to Boston-based GID, a real estate investment firm, for $14.75 million. The 111,400-square-foot facility at 8290 National Highway will undergo significant renovations and repositioning. Located near I-95 and I-295 in Camden County, the property offers 20-foot clear heights, one drive-in door, and 15 dock-high doors, and can accommodate one or two tenants. GID, active in the industrial sector since 1986, focuses on light industrial warehouses in densely populated U.S. markets with strong consumer purchasing power.

*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 and advisory 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 websites for a full listing of commercial properties for lease or sale through our commercial real estate brokerage firm.

NJ Industrial Owners Face Big Box Space Surplus

NJ Industrial Owners Face Big Box Space Surplus

A growing mismatch in New Jersey’s industrial sector between occupiers’ needs and the surge of oversized new projects is driving a split in available industrial space. Small bay properties under 50,000 square feet have a low availability rate of just 3.9% as of early August, while buildings between 50,000 and 100,000 square feet show a higher rate of 6.5%. In Northern New Jersey, where construction contractors and distributors are more concentrated, the availability of small bay space is especially tight. Areas like Kenilworth and Cranford in Union County, and Fairfield in Essex County, have no available small bay properties due to nearly a decade without new supply.

*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 and advisory 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 websites for a full listing of commercial properties for lease or sale through our commercial real estate brokerage firm.

National Firm Buys Vacant Pennsauken Building for $14.75M

National Firm Buys Vacant Pennsauken Building for $14.75M

GID Industrial has acquired a vacant industrial property in Pennsauken, New Jersey, for $14.75 million, with plans to renovate the building. The 111,400-square-foot facility at 8290 National Highway is located about 3 miles from the Betsy Ross and Tacony-Palmyra Bridges, both of which connect to I-95. The purchase price equates to $132.40 per square foot. The building features 20-foot clear heights, one drive-in door, and 15 dock-high doors, and can accommodate one or two tenants.

*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 and advisory 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 websites for a full listing of commercial properties for lease or sale through our commercial real estate brokerage firm.

Industrial Demand Trails Burlington County Construction

Industrial Demand Trails Burlington County Construction

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 rate among the top 50 U.S. industrial hubs, trailing only Dallas-Fort Worth’s I-45 Southeast Corridor, with an availability rate of 16.5%. This suggests a temporary oversupply in the local industrial market.

Over the past five years, industrial space in Burlington County has grown by 19.5 million square feet, a 33% increase, compared to the national average of 11% expansion during the same period.

*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 and advisory 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 websites for a full listing of commercial properties for lease or sale through our commercial real estate brokerage firm.

Prominent Flex Space for Sale in Cherry Hill

1879-Old-Cuthbert

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.

Features of 1879 Old Cuthbert Road

1879 Old Cuthbert Road is a zoned commerical propety with a private office, kitchenette, warehouse, bathroom, and garage door for warehouse. There are 2 spots for parking plus extra for visitors/clients. The complex is monitoried with 24 hour security cameras. The property is in close proximity to Routes 70 & 73, I-295, and NJ Turnpike.

For more information about the sale price or a tour of the industrial space, please contact Brian Goren, Senior Advisor, at (215) 799 6143 or via email Brian.goren@wolfcre.com. To review the brochure, please click here.

Wolf Commercial Real Estate is a full-service CRE brokerage and advisory firm with a full range of commercial real estate listings and services. The firm handles a variety of properties including medical, office, industrial, retail and investment. WCRE represents buyers, landlords, investors, tenants and sellers and also provides property management services. For a full list of buildings and suites that are available for sale or lease, visit www.wolfcre.com.