A collection of five warehouse/distribution buildings spanning 342,098 square feet in Delran and Swedesboro, New Jersey, sold.
Constructed during the 1970s and 1980s, these buildings boast Class B warehouse/distribution specifications, featuring an average clear ceiling height of 22 feet, equipped with wet sprinkler systems, and offering ample loading capacity complemented by full dock packages. This strategically positioned portfolio resides within the Burlington County and Pureland submarkets of the Philadelphia MSA industrial market, providing immediate access to I-295 and the New Jersey Turnpike. Notably, the entire portfolio was fully leased at the time of closing.
The significance of this portfolio extends beyond its commercial value. Selected by The New Jersey Board of Public Utilities to participate in the Community Solar Pilot Program, Endurance is spearheading the delivery of clean, renewable power to 147 homes. Crucially, 51% of these households belong to low to moderate-income brackets, marking a meaningful stride towards inclusive sustainability. This initiative contributes immensely to the reduction of 563 tons of carbon emissions annually, equivalent to removing 124 cars from the road or planting 699 acres of trees. This underscores our unwavering dedication to sustainable development and community empowerment.
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.
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