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.
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.