Walmart Closing Fulfillment Center

Walmart Closing Fulfillment Center

Walmart is closing a fulfillment center in South Jersey, affecting 271 workers, according to a state filing. The retail giant is relocating operations from its 705,000-square-foot facility in Pedricktown, New Jersey, to a new fulfillment center in Greencastle, Pennsylvania, a Walmart (NYSE: WMT) spokesperson said. The layoffs will be effective September 9, according to the New Jersey Department of Labor website. The Salem County facility at 2 Gateway Blvd. experienced a previous round of layoffs about a year ago, impacting 201 workers.

*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.

More Warehouses are Being Built in Carneys Point

More Warehouses are Being Built in Carneys Point

Construction is underway on a two-warehouse complex that will provide over 1.12 million square feet of space, though the occupants have yet to be determined. The Rockefeller Group Logistics Center, which received local planning approval in late 2022, sits on a 141-acre property assembled from 13 parcels purchased from 11 different owners. “The project was designed on a speculative basis and will attract a wide range of users,” said Rockefeller Group Regional Director Heath Abramsohn on Wednesday.

*Article courtesy of Cherry Hill Courier-Post

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.

Premier Cherry Hill Flex/Industrial Suite for Lease

Premier Cherry Hill Flex/Industrial Suite 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, Cherry Hill, New Jersey 08003. The Cheryy Hill property is available for lease.

The property holds +/- 3,075 square feet that could be utilized by industrial users.

Features of 2091 Springdale Road

2091 Springdale Road is available on June 1, 2024. The property has one 8×8 loading dock, a 16 inch height, three indivudal offices, a reception area, conference room, kitchenette and a server room. Additionally, the property has a building and suite-front signage and is zoned industrial resricted. Furthermore, the property has a dry sprinkler system, a fully conditioned warehouse, and 208/120 Volt – 3 Phase/4 Wire 100 Amps Panel.

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

For more information about the lease price or a tour of the industrial space, please contact Erin Warwick, Senior Advisor, at (856) 857 6303 or via email erin.warwick@wolfcre.com and Ryan Barikian, Senior Advisor, 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.

Prominent Professional Suite For Lease

Prominent Professional Suite 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 1916 Old Cuthbert Road, Suite A, Cherry Hill, New Jersey 08034. The Cheryy Hill property is available for sale.

The property holds +/- 1,600 square feet that could be utilized by medical and office users.

Features of 1916 Old Cuthbert Road 

Old Cuthbert Road is ideal for medical office users. The property is zoned industrial with a directory and suite signage available. Additionally, the property has three private offices, a reception area, an executive office, and a large conference room. The property was recently renovated and has easy access to Routes 70 and 73, I-295, and the NJ Turnpike.

For more information about the lease price or a tour of the industrial space, please contact Phil Costa, Vice President, at (609) 680 4942 or via email phil.costa@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.

Developer Begins $590 Million Industrial Project in South Jersey

Developer Begins $590 Million Industrial Project in South Jersey

Following the triumph of initial phases in a significant Philadelphia-area industrial project, NorthPoint Development extends its investment in the region by commencing construction on another $590 million project in South Jersey.

NorthPoint, headquartered in Kansas City, Missouri, held a ceremonial groundbreaking on Tuesday for the 3.8 million-square-foot Turnpike 1 Trade Center in Woodstown, Salem County. Situated less than a mile from Route 40 and five miles from Exit 1 on the New Jersey Turnpike and the Delaware Memorial Bridge, the site boasts strategic accessibility.

*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.

Premier Industrial Land For Sale

Premier Industrial 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 1800 Union Landing Road, Cinnaminson, NJ 08077. The Cinnaminson property is available for sale.

The property holds +/- 4.91 Acres that could be utilized by land and Industrial users.

Features of 1800 Union Landing Road

Union Landing Road is ideal for self storage, truck parking, or warehouse development. The property is located near various auto shops, hardware stores, and national retailers like Walmart, Dollar Tree, Sam’s Club, etc. Additionally, the propety as easy access to Routes 130 and 73 and is 13 miles from Philadelphia.

For more information about the lease price or a tour of the industrial space, please contact Phil Costa, Vice President, at (609) 680 4942 or via email phil.costa@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.

Most New Jersey Under-Construction Industrial Space is Unleased

Most New Jersey Under-Construction Industrial Space is Unleased

Industrial developers and property owners are anticipating a challenging leasing environment in the upcoming year and into 2025 due to the significant amount of new industrial space scheduled for completion. Currently, there are 18.2 million square feet of industrial space under construction in New Jersey, with 90% still available for lease. This influx of new supply is expected to impact the state’s fundamentals, particularly in Northern New Jersey.

The metropolitan area is already grappling with an unusually weak year for industrial space demand. Last year, net absorption, or the change in occupied space, recorded the first annual negative reading since 2012. CoStar predicts a second consecutive negative result in 2024, causing the average industrial vacancy rate for the region to increase by approximately 100 basis points to 5.1%.

*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/Warehouse For Lease

510 Williamstown Road, Sicklerville, NJ

Wolf Commercial Real Estate, the leading commercial real estate and advisory firm in South Jersey has been appointed the exclusive listing agent for 510 Williamstown Road, Sicklerville, NJ. The Sicklerville property is available for lease.

The property holds +/- 6,400 sqaure feet that could be utilized by industrial users.

Features of 510 Williamstown Road, NJ

510 Williamstown Road is a prominent flex/warehouse property for lease. The property has two covered loading docks with a clear height of 13 inches.

In additon, the property has ample parking and is situated off heavily traveled Williamstown Road. 510 Williamstown Road has access from both Williamstown Road and Sicklerville Road with close proximity to Routes 73, 42, & 322 and the AC Expressway.

For more information about the 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 or Ryan J. 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.

Prominent Flex Property For Sale

659 Swedesboro Road, Gibbstown, NJ

Wolf Commercial Real Estate, the leading commercial real estate and advisory firm in South Jersey has been appointed the exclusive listing agent for 659 Swedesboro Road, Gibbstown, NJ. The Gibbstown property is available for sale.

The property has two flex buildings with +/- 2,250 sqaure feet that could be utilized by industrial and land users.

Features of 659 Swedesboro Road, Gibbstown, NJ

659 Swedesboro Road is a prominent flex property for sale. The property offers two flex bulidngs, with the first one having +/- 1,500 square feet of shop and +/- 750 square feet of showroom, and the second one having +/- 1,500 sqaure feet used for a well water/septric, 3 bed and 1.5 bath.

The property has monument signage available with the shop having a 13′ ceiling and the showroom having a 10′ ceiling. In additon, the shop has two drive-ins: one (1) 10’x12′ and one (1) 8’x8′ and the showroom has two drive-ins: 8’x10′.

659 Swedesboro Road is situated on 5.74 acers of land. The property is perfect for a landscaping company or contractor needing outside storage/laydown yard and has easy access to Route 130, I-295 and both the Commodore Barry and Delaware Memorial Bridge.

For more information about the lease price or a tour of the industrial space, please contact Ryan J. 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.

South Jersey Industrial Portfolio of 14 Buildings Changes Hands for $118M

South Jersey Industrial Portfolio of 14 Buildings Changes Hands for $118M

Ares Management acquires a substantial South Jersey industrial portfolio with 14 buildings, spanning Cinnaminson and Pennsauken, totaling 1,116,348 square feet. The Los Angeles-based company purchased the properties from Whitesell Construction for $118.5 million, at an average of $106 per square foot. This transaction stands as one of the region’s significant industrial sales in the past year, contrasting with a previous deal in June.

*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.