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… Read more »
Wolf Commercial Real Estate, the leading commercial real estate and advisory firm in South Jersey has been appointed the exclusive listing agent for 1636 Bridgeboro Road, Edgewater Park, NJ 08010. The Edgewater Park property is available for sale. The property holds +/- 4,000 square feet on 4 acres, that could be utilized by land and… Read more »
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… Read more »
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… Read more »
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…. Read more »
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… Read more »
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… Read more »
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… Read more »
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… Read more »
Wolf Commercial Real Estate, the leading commercial real estate and advisory firm in South Jersey has been appointed the exclusive listing agent for 2540 Oldman’s Creek Road, Swedesboro, NJ. The Swedesboro property is available for sale. The property has +/- 5,000 square foot of flex space, +/- 1,600 square foot house, and 4.63 acres of land… Read more »
