Posts Tagged: Southern New Jersey industrial fle

Canadian Joint Venture Pays $39 Million for South Jersey Industrial Site

Toronto-based WPT Industrial Real Estate Investment Trust and Investment Management Corporation of Ontario purchased an industrial land parcel in Mansfield, New Jersey, for $39 million. The 61-acre site is located off Route 206 and is about two miles from the New Jersey Turnpike and Interstate 295. The joint venture plans to develop about 772,000 square feet of modern distribution… Read more »

South Jersey Industrial Portfolio Sells for $43 Million

Endurance Real Estate Group and PCCP have purchased a seven-building industrial portfolio totaling 554,000 square feet in southern New Jersey for roughly $43 million. Foxfield Industrial, a joint venture between Novaya Real Estate Ventures and Foxfield Ventures, divested the warehouse and distribution properties, which are located in Delran, Mount Laurel and Swedesboro. “The infill nature… Read more »

Direct-Mail Firm Executes $20 Million Sale-Leaseback Deal for South Jersey Site

A direct-mail marketing company has closed a $20.2 million sale-leaseback deal for its combined headquarters and distribution facility in southern New Jersey. ICS sold its 183,000-square-foot industrial property at 100 Friars Blvd., in West Deptford to Clarion Partners Real Estate Income Fund, which is that group’s second investment. The building is fully occupied by ICS, which uses… Read more »

New Jersey Industrial Portfolio Trades for $16 Million

Industrial Investments Inc. has acquired a 21-building industrial portfolio in Camden County, New Jersey, for $16.1 million from The Bloom Organization. The sale involved 21 buildings in West Berlin, including the Bloomfield Business Park, that total 251,410 square feet. The buyer is an affiliate of Blue Bell, Pennsylvania-based Industrial Investments, while the seller, Bloom, is headquartered in… Read more »

New York Investor Buys Barrington Business Center for $43 Million

Triangle Capital Group Sells 932,000-SF Industrial Facility in Barrington, New Jersey New York-based Sun Equity Partners purchased Barrington Business Center in Barrington, New Jersey, from Triangle Capital Group for $43 million, or about $46 per square foot. The 931,682-square-foot, two-story industrial facility at 1 Commerce Drive comprises 90 loading docks and levelators, five drive-in bays, 40- by… Read more »

South Jersey Industrial Space

Looking 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… Read more »