Two South Jersey industrial buildings developed on speculation land tenants

Two tenants have signed leases to occupy a combined 491,000 square feet at Logan North, an industrial campus under development in South Jersey that will eventually total 3.2 million square feet when built out. 

SEKO Logistics, a freight and delivery company, leased 164,000 square feet in Building A at 100 Crossroads Blvd. in Logan, New Jersey, and LaserShip Logistics has leased Building F at 701 Crossroads Blvd. 

A venture between Advance Realty Investors and Greek Development is developing both of the buildings on speculation and the two leases highlight the continued demand for distribution space in South Jersey and throughout the region. Target Corp. occupies a 1.1-million-square-foot warehouse and distribution center in Logan North that sold last year for $265 million. 

*Article courtesy of Philadelphia Business Journal

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