Velocity Venture Partners has paid $14.25 million for Stow Road Corporate Park in Marlton, growing its South Jersey presence to nearly 2 million square feet. The property comprises five, single-story flex buildings totaling 160,000 square feet at 8, 9, 10, 12 and 14 Stow Road. Ellington Management Group was the seller. Jonathan Klear and Fred… Read more »
Posts Categorized: South Jersey Industrial Space
South Jersey Industrial Space for Sale in Penns Grove
Wolf Commercial Real Estate, the foremost South Jersey commercial real estate broker that specializes in South Jersey commercial real estate listings and services, is now offering South Jersey industrial space for sale in Penns Grove NJ. This industrial space for sale in South Jersey is a +/- .95-acre parcel on 18 North Virginia Avenue Penns… Read more »
Dermody Properties Breaks Ground on 154-Acre Logistics Park in South Jersey
Dermody Properties has broke ground on a 154-acre logistics park in South Jersey, a region where industrial space remains in high demand. The three-building, 1.2 million square-foot logistics park, called LogistiCenter at Woolwich, is located at the intersection of Route 322 and Locke Avenue in Woolwich Township in Gloucester County. Dermody plans to make significant improvements… Read more »
$265M sale of Target-leased distribution center in South Jersey sets new record for price per square foot
A 1.1-million-square-foot warehouse distribution center leased to Target Corp. in Logan, New Jersey, has traded for $265 million. Torchlight Investors of New York bought the newly developed building at 300 Creekview Ave. and a nearby lot at 400 Crossroads Blvd. The sale came in at $240 a square foot and 2.98% cap rate, according to… Read more »
South Jersey Industrial Space for Sale on Wade Boulevard in Millville
Wolf Commercial Real Estate, a premier 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 space for sale sits on five acres of land and this… Read more »
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… Read more »
South Jersey Industrial Space for Sale in Millville
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… Read more »
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… Read more »
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… Read more »
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… Read more »