South Jersey Industrial Space

South Jersey Industrial SpaceLooking for South Jersey industrial space? Wolf Commercial Real Estate, a premier South Jersey commercial real estate broker, has a number of South Jersey industrial buildings for sale or lease that are suitable for a wide range of users, from those seeking South Jersey industrial space for traditional uses such as warehousing and manufacturing, to those looking for Southern New Jersey industrial flex space for multiple uses under one roof, such as offices, showrooms, warehousing and more.

The Market for South Jersey Industrial Space

The current Southern New Jersey commercial real estate market is seeing greater demand for South Jersey industrial space that is vacant or for sale. If your company is looking for a South Jersey industrial building, call the experts at Wolf Commercial Real Estate (WCRE), a Southern New Jersey commercial real estate brokerage firm. We have the people, the power and the connections to get you the right Southern New Jersey industrial space at the right price.

The team at our South Jersey commercial real estate brokerage and services firm has unparalleled experience with Southern New Jersey commercial real estate listings, properties and services, matching buyers with sellers and owners with tenants locally and throughout the United States. Our Southern New Jersey commercial real estate brokerage firm is the partner you need for your South New Jersey industrial space.

At WCRE, a South Jersey commercial real estate brokerage firm, we provide ongoing detailed information about South Jersey industrial buildings to our clients and prospects to help them achieve their real estate goals. At Wolf Commercial Real Estate, our South Jersey commercial real estate services encompass the highest quality of service, proven expertise, and a total commitment to client-focused relationships.

Whether you are looking for new South Jersey industrial flex space to buy or lease or are seeking buyers or tenants for your available Southern New Jersey industrial buildings, WCRE is the Southern New Jersey commercial real estate broker you need.

For buyers and tenants, our South Jersey commercial real estate experts will help you find the Southern New Jersey industrial space that best suits your needs and then ensure that the sale or lease terms work hand in hand with your commercial real estate goals. At Wolf Commercial Real Estate, we partner with our clients from the beginning of the relocation analysis process in order to facilitate a smooth transition.

For owners looking to sell or lease their South industrial space, the team at our South Jersey commercial real estate brokerage firm has developed a defined marketing process that we tailor to each property and sub-market. Our proven marketing strategy works effectively to efficiently match buyers and tenants with available South Jersey industrial space.

Wolf Commercial Real Estate currently has several South Jersey industrial spaces for sale or lease. Don’t miss your opportunity to secure new Southern New Jersey industrial flex space at favorable market rates. For more information, please contact Jason Wolf (856-857-6301; jason.wolf@wolfcre.com) at Wolf Commercial Real Estate, a South Jersey commercial real estate broker.

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Wolf Commercial Real Estate is a Southern New Jersey commercial real estate brokerage firm that provides a full range of South Jersey commercial real estate services, marketing commercial offices, medical properties, investment properties, industrial properties, land properties and retail buildings for buyers, sellers, tenants and investors. Please click the links below for listings of Southern New Jersey industrial space for lease or sale and other Southern New Jersey commercial real estate listings and properties from Wolf Commercial Real Estate, a Southern New Jersey commercial real estate broker.

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Bed Bath & Beyond to lay off 124 employees in South Jersey as it shifts distribution to Pa.

Bed Bath & Beyond Inc., a retailer that sells home goods, is vacating a 350,000-square-foot warehouse it operates in South Jersey and laying off 124 employees. 

The company, which announced at the beginning of this year that it would shutter 43 stores across its chain, plans to close those South Jersey warehouse operations at 270 Daniels Road in Burlington by Oct. 29, according to a Worker Adjustment and Retraining Notification filed with the New Jersey Department of Labor. Prologis Inc. is the landlord and has plans to double the size of the building. 

The South Jersey closure is part of an overall realignment of Bed Bath & Beyond’s distribution operations. The company said in July that it plans to occupy a 1-million-square-foot distribution center in Pennsylvania as part of a $250 million effort to modernize its supply chain.

*Article courtesy of Philadelphia Business Journal

For more information about South Jersey industrial space for sale or lease in South Jersey or about any other South Jersey properties 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 South Jersey commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other South Jersey commercial properties for buyers, tenants, investors and sellers.

Please visit our websites for a full listing of South Jersey commercial properties for lease or sale through our South Jersey commercial real estate brokerage firm.

South Jersey Industrial Space for Sale in Millville

326 S. Wade Millville, NJ

Wolf Commercial Real Estate, a leading South Jersey commercial real estate brokerage firm that specializes in South Jersey commercial real estate listings and services, is now offering South Jersey industrial space for sale at 326 South Wade Boulevard Millville NJ.

This South Jersey industrial building for sale at 326 South Wade Boulevard Millville NJ contains 34,000 sf of South Jersey industrial space. There is 1,500 sf of office space over two floors at this industrial space for sale in South Jersey.

The asking sale price for this industrial space in South Jersey is $2,040,000. This South Jersey industrial space for sale at 326 South Wade Boulevard Millville NJ is being offered by Wolf Commercial Real Estate, a South Jersey commercial real estate broker with expertise in South Jersey commercial real estate listings and services.

This South Jersey industrial building for sale at 326 South Wade Boulevard Millville NJ sits on five acres of South Jersey industrial space for sale. Interested potential owners will find this industrial space in South Jersey for sale in the Mike Lascarides Industrial Park

With two 14-foot-by-14-foot drive-in doors, this South Jersey industrial building for sale also has four dock-height doors. The ceiling heights at this South Jersey industrial building for sale at 326 South Wade Boulevard Millville NJ range from 16 feet to 40 feet. In addition, this South Jersey industrial space for sale is zoned I-1, a general-industry designation that means all types of warehousing and manufacturing are permitted in this industrial space in South Jersey for sale.

More than 39,000 people reside within a five-mile radius of this industrial space in South Jersey at 326 South Wade Boulevard Millville NJ.  The average household income in the same area near this Southern New Jersey industrial space for sale is $63,246. This industrial space in South Jersey, which is close to banks, restaurants, and retailers, is available through Wolf Commercial Real Estate, a South Jersey commercial real estate broker with expertise in South Jersey commercial real estate listings and services.

This South Jersey industrial space for sale at 326 South Wade Boulevard Millville NJ is within half a mile of Route 55 and, as a benefit to purchasers, this South Jersey industrial space for sale additionally offers easy access to both Route 47 and Route 49.

For more information about this South Jersey industrial space for sale at 326 South Wade Boulevard Millville NJ or about any other South Jersey commercial properties for sale, please contact Ryan Barikian (856-857-6307; ryan.barikian@wolfcre.com) at Wolf Commercial Real Estate, a South Jersey commercial real estate broker.

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 South Jersey commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other South Jersey commercial properties for buyers, tenants, investors and sellers. Please visit our websites for a full listing of South Jersey commercial properties for sale or lease through our South Jersey commercial real estate brokerage firm.

South Jersey industrial buildings built on speculation sell for $108M, set record for price per square foot

A California real estate company has paid $107.74 million, or $201 a square foot, for a pair of industrial buildings in South Jersey. 

Watson Land Co. bought a 283,040-square-foot building at 100 Huff Lane, and a 252,750-square-foot building at 191 Harmony Road, enters South Jersey with the purchase, and expands its East Coast presence. The company, which focuses on buying and developing industrial real estate, owns properties in the Lehigh Valley.  The sale of the Cubes at Huff Lane and the Cubes at Harmony Road in East Greenwich sets a new high watermark on a per-square-foot basis for traditional a warehouse in South Jersey. 

The seller was CRG, the real estate development and investment arm of Chicago-based Clayco.

The transaction embodies all of the aspects of the industrial market these days, particularly in South Jersey. 

Banking on continued robust demand, CRG developed the two buildings in 2020 on speculation, or without any tenants lined up to fill the space. The location of the two buildings had all of the elements for success since it was adjacent to Interstate 295, a half-mile from the New Jersey Turnpike and about 20 miles from Interstate 95. 

*Article courtesy of Philadelphia Business Journal

For more information about South Jersey industrial space for sale or lease in South Jersey or about any other South Jersey properties 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 South Jersey commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other South Jersey commercial properties for buyers, tenants, investors and sellers.

Please visit our websites for a full listing of South Jersey commercial properties for lease or sale through our South Jersey commercial real estate brokerage firm.

South Jersey Industrial Space for Sale in Millville Near Route 55

Wolf Commercial Real Estate, a leading South Jersey commercial real estate broker with expertise in South Jersey commercial real estate listings and services, now has available a South Jersey industrial building for sale at 326 South Wade Boulevard Millville NJ that is less than half a mile from Route 55.

This South Jersey industrial space for sale is a 34,000 square-foot building and the asking sale price for this industrial space in South Jersey is $2,040,000. This South Jersey industrial space for sale at 326 South Wade Boulevard Millville NJ is available through Wolf Commercial Real Estate, a South Jersey commercial real estate brokerage firm that specializes in South Jersey commercial real estate listings and services.

This South Jersey industrial building for sale has ceiling heights ranging from 16 feet to 40 feet and this industrial space in South Jersey has four dock-height loading doors. There also are two 14-foot-by-14-foot drive-in doors at this South Jersey industrial space for sale at 326 South Wade Boulevard Millville NJ.

There is +/- 1,500 sf of office space over two floors at this industrial space in South Jersey and this South Jersey industrial building for sale at 326 South Wade Boulevard Millville NJ sits on approximately five acres.

This industrial space in South Jersey at 326 South Wade Boulevard Millville NJ is in the Mike Lascarides Industrial Park and this South Jersey industrial building for sale offers easy access to Route 47 and Route 49 as well as the aforementioned Route 55.

More than 39,000 people reside within a five-mile radius of this industrial space in South Jersey at 326 South Wade Boulevard Millville NJ.  The average household income in the same area near this South Jersey industrial space for sale is $65,131.

For more information about this South Jersey industrial building for sale at 326 South Wade Boulevard Millville NJ, or about any other South Jersey commercial properties for sale or lease, please contact Ryan Barikian (856-857-6307; ryan.barikian@wolfcre.com) at Wolf Commercial Real Estate, a South Jersey commercial real estate brokerage firm.

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 South Jersey commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other South Jersey commercial properties for buyers, tenants, investors, and sellers. Please visit our websites for a full listing of South Jersey commercial properties for sale through our South Jersey commercial real estate brokerage firm.

Wharton Equity buys 6 more industrial buildings in South Jersey

Wharton Equity Partners has picked up six more industrial properties totaling 283,400 square feet in South Jersey, growing its presence in the market to a total of 1.3 million square feet. 

Wharton bought the properties in Cherry Hill and Pennsauken in two separate transactions.  The deals highlight Wharton’s focus on buying smaller buildings as well as deals that involve sale-leasebacks as a way to grow its industrial portfolio in what has become a competitive market for investors. 

“We want to aggregate another million square feet in South Jersey,” said Peter Lewis, chairman and founder of Wharton Equity. “I can do that in the next 12 to 18 months but have to stay one step ahead.”

South Jersey is experiencing unprecedented industrial demand by tenants and investors looking to get in on a hot market. 

“I don’t see anything that will push rents or values backwards,” Lewis said. “You may see rents slowing but not prices.” In Pennsauken, the company bought three buildings totaling 153,400 square feet at 809 Hylton Road, 815 Hylton Road and 1045 Thomas Busch Memorial Highway in a venture with Walton Street Capital. 

*Article courtesy of Philadelphia Business Journal

For more information about South Jersey industrial space for sale or lease in South Jersey or about any other South Jersey properties 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 South Jersey commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other South Jersey commercial properties for buyers, tenants, investors and sellers.

Please visit our websites for a full listing of South Jersey commercial properties for lease or sale through our South Jersey commercial real estate brokerage firm.

Three-Building South Jersey Industrial Portfolio Sells for Estimated $48M

Whitesell Co. has unloaded more properties from its vast holdings, selling three industrial buildings in South Jersey for an estimated $48 million. 

High Street Logistics bought the three industrial buildings totaling 401,827 square feet that were fully occupied at the time of sale. Though the sale price couldn’t be confirmed, market sources said that it likely fell in the $120 a square foot range.  The three properties sold are: 

  • 300 Richards Run, an 85,390-square-foot building in Burlington that is fully occupied by Barton & Cooney;
  • 1090 Thomas Busch Memorial Highway, a 168,737-square-foot building in Pennsauken. It is leased to SupplyOne; and
  • 823 East Gate Drive, a 147,700-square-foot building in Mount Laurel occupied by six different tenants.

*Article courtesy of Philadelphia Business Journal

For more information about South Jersey industrial space for sale or lease in South Jersey or about any other South Jersey properties 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 South Jersey commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other South Jersey commercial properties for buyers, tenants, investors and sellers.

Please visit our websites for a full listing of South Jersey commercial properties for lease or sale through our South Jersey commercial real estate brokerage firm.

Massachusetts Firm Buys Industrial Portfolio in South Jersey

High Street Logistics Properties has purchased a three-building industrial portfolio totaling 402,000 square feet in South Jersey.

The buyer, based in Woburn, Massachusetts,acquired 300 Richards Run in Burlington, 1090 Thomas Busch Memorial Highway in Pennsauken, and 823 E. Gate Drive in Mount Laurel. The portfolio was 100% occupied at the time of sale.

The seller was Whitesell Construction Co. of Mount Laurel, New Jersey, according to CoStar data. Terms of the transaction weren’t disclosed. 

The building on Richards Run is 85,390 square feet and fully leased by Barton & Cooney. It has 22-foot clear ceiling heights and provides several options for expansion.

The Thomas Busch Memorial Highway property is the largest of the three, at 168,737 square feet, and could also be expanded. The tenant, SupplyOne, has made a significant investment in its space, including installing heavy production and manufacturing equipment. The facility on Gate Drive, which is 147,700 square feet, is occupied by six tenants. It features an exclusive outdoor storage space, ample car and truck parking, and a 100-foot truck court.

*Article courtesy of CoStar

For more information about South Jersey industrial space for sale or lease in South Jersey or about any other South Jersey properties 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 South Jersey commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other South Jersey commercial properties for buyers, tenants, investors and sellers.

Please visit our websites for a full listing of South Jersey commercial properties for lease or sale through our South Jersey commercial real estate brokerage firm.

Former A.C. Moore Distribution Center in South Jersey Trades for Nearly Double 2019 Price

An entity associated with Eaton Vance Management has paid $43.95 million for the former A.C. Moore distribution center in Berlin, New Jersey, according to Camden County property records. 

The 767,000-square-foot building at 130 Makers Ave. traded in late 2019 for $25 million.

The building was developed in 2004 by A.C. Moore for $46.3. million, according to Securities and Exchange Commission documents filed by the company. About 60,000 square feet of the space served as the company‘s headquarters with the remainder 707,000 square feet used as a distribution center, according to SEC documents. 

*Article courtesy of Philadelphia Business Journal

For more information about South Jersey industrial space for sale or lease in South Jersey or about any other South Jersey properties 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 South Jersey commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other South Jersey commercial properties for buyers, tenants, investors and sellers.

Please visit our websites for a full listing of South Jersey commercial properties for lease or sale through our South Jersey commercial real estate brokerage firm.

Amazon to Open Sorting Site in Logan in Late 2021, Township OKs Plan

LOGAN – Amazon is taking over the lease for a huge distribution center here that was left vacant in late March when Kimberly–Clark left for an even larger facility in Pennsylvania.

An Amazon “sortation” operation will set up in the nearly 600,000-square-foot facility, located at 1150 Commerce Boulevard in the Logistics Center of Logan Industrial Park. That sortation operation could start as early as October 2021, according to the site owner.

The Planning Board unanimously approved the site plan on May 13 after about an hour of testimony. The plan was submitted by the property owner, real estate investment firm BentnallGreenOak.

An Amazon spokeswoman, contacted later, would not comment on whether other sortation sites will be rolled into this one.

Maura Kennedy, the economic development manager for Amazon’s Mid-Atlantic Region, was among witnesses at the board hearing. The hearing was conducted online due to COVID–19 regulations.

Kennedy testified products from vendors will arrive at the site for sorting and consolidation, and be reshipped the same day to customers.

“And then, we put them from there into our fulfillment network, for them to be then transported to customers,” Kennedy said. “So, this is only a place where we sort items from vendors. So, say if you purchase something from a third-party seller, this is where sellers would drop off those goods so they can be sorted and then be put into our fulfillment network stream.”

There will be four shifts, seven days a week, and about 120 tractor–trailers per day will arrive at the building, she said.

Kennedy said the maximum number of workers should be fewer than 300 on a typical day, including fewer than 50 full-time employees. Employees will have fixed schedules and shifts, unlike the variable work times for Amazon delivery drivers.

Representatives for the owner testified a parking expansion study was started once it learned in early 2020 that Kimberly–Clark would leave. A representative said Kimberly-Clark, known for brands such as Kleenex and Scott, had used it as a fulfillment center.

The final plan submitted to the township comes out of discussions with Amazon, Vice President Chad Attiliis said.

“We intend to shift 126 existing parking spaces from the West to the East on site and then add an additional 322 auto stalls for a total of 448 auto stalls,” Attiliis said. “And then, add an additional 16 new motorcycle spaces, which will adequately serve Amazon at this location.”

Attorney Michael Floyd, representing the owner, stressed the building itself is not being expanded. The building first was used in 2009, under a different owner. BentnallGreenOak bought the property in 2012.

Board members voting to approve the plan were Chairman Bob Lowe, Juan Mojica, Mayor Frank Minor, Bruce Atkinson, Arthur Stone, Cynthia Mitchell, and Dave Siek.

*Article courtesy of Courier Post

For more information about South Jersey industrial space for sale or lease in South Jersey or about any other South Jersey properties 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 South Jersey commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other South Jersey commercial properties for buyers, tenants, investors and sellers.

Please visit our websites for a full listing of South Jersey commercial properties for lease or sale through our South Jersey commercial real estate brokerage firm.

Freshly Continues Expansion With Lease for Second New Jersey Facility

Meal-delivery service Freshly is expanding again, with plans to open a second distribution center in New Jersey and relocate its New York City headquarters, which will more than quadruple its footprint in Manhattan.

Freshly, a leading provider of fresh prepared meals, said Monday it had signed a lease for an assembly and logistics hub at 450 Swedesboro Ave. in the Mickleton section of East Greenwich in Gloucester County, New Jersey. At 234,000 square feet, the site will be Freshly’s largest distribution center, equipped to assemble and ship 1.6 million meals a week at peak capacity.

The company, which was acquired by Nestlé USA in October, is also moving and expanding its New York headquarters. It will leave its current office at 115 E. 23rd St., where it occupies about 20,000 square feet, after signing a lease for 92,306 square feet at 28 E. 28th St., according to a Freshly spokeswoman. The company will move when a full build-out of its new space is completed, she said.

Freshly, a weekly subscription service delivering chef-cooked meals directly to customers’ doors, has been on a growth spree. Food delivery has become an increasingly important option for consumers during the pandemic, when indoor dining was temporarily banned at restaurants and some people feared leaving their homes because of COVID-19. Freshly is one of the top players in the sector, with competitors that include Blue Apron, EveryPlate, Gobble and Hello Fresh. 

In the past few months, Freshly opened new facilities at 4000 Noakes St. in Commerce, California, and 7895 Third Flag Parkway in Austell, Georgia, to increase production and order-fulfillment capacity. Freshly leases 111,260 square feet in the new California facility and 134,164 square feet at the new Georgia site.

Currently, Freshly ships more than 1 million meals a week to customers in 48 states.

Growing Customer Demand

The South Jersey distribution facility is slated to be operational by February next year and “will help Freshly meet growing customer demand, reduce the order-to-delivery cycle time to consumers, and ultimately create 340 incremental jobs in the area,” the company said in its statement. 

Freshly will continue to operate its facility at 1501 W. Blancke St. in Linden, New Jersey, where it employs 70 people.

“With Freshly’s corporate headquarters located in New York City, we’re excited to expand our footprint in the region and continue our growth in the Garden State,” Freshly founder and CEO Mike Wystrach said in a statement. 

“The addition of a new facility of this size will bring hundreds of new jobs to East Greenwich and allow us to significantly scale our meal production to move us closer to the goal of being in every household in America,” he said. “We are thankful for our partnership with Gov. Murphy and his team for their leadership in assisting us with this significant expansion of our company.”

Freshly also has operations in Phoenix, Arizona, and Savage, Maryland.

“South Jersey is the perfect place for a leading provider of fresh, healthy prepared meals to open another facility,” Murphy said in a statement. “We have seen how important food-delivery services have become during the COVID-19 pandemic, and we look forward to working with Freshly to support its growth, as well as bring new jobs to the region.”

*Article courtesy of CoStar

For more information about South Jersey industrial space for sale or lease in South Jersey or about any other South Jersey properties 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 South Jersey commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other South Jersey commercial properties for buyers, tenants, investors and sellers.

Please visit our websites for a full listing of South Jersey commercial properties for lease or sale through our South Jersey commercial real estate brokerage firm.