Mid-Atlantic Logistics Center - Availability Details
1654 Route 41, Deptford, 08051
- For Sale Contact for pricing
- Property Type Industrial - Flex - Industrial
- Date Updated Jan 28, 2022
- Website midatlanticlogisticscenter.sharplaunch.com
As exclusive agent, Cushman & Wakefield’s National Industrial Advisory Group is pleased to offer a 100% fee interest in the Mid-Atlantic Logistics Center for sale. The Site is fully approved for 1.04 million square feet of industrial development minutes from Exit 3 of the NJ Turnpike.
The Offering consists of a 130-acre site that is zoned and site plan approved for 1.04 MSF with a total of 894 car parks, 277 trailer parks and 294 loading docks. Ownership is in negotiations with the town on a Payment in Lieu of Taxes (PILOT) agreement which would commence upon completion of development.
Totaling 77 MSF, the Southern New Jersey industrial market has demonstrated resiliency and growth over the past several years, given its connectivity to the eastern seaboard and excellent highway infrastructure. In 2020 alone, Southern NJ realized over 9.4 million square feet of leasing activity pushing vacancy down to a record low of less than 1%.
The Mid-Atlantic Logistics Center is ideally located along I-95 (NJ Turnpike) minutes from Exit 3, nearly equidistant to NYC and Washington DC and less than ten miles from Center City Philadelphia.
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
- City Deptford
- Zip Code 08051
- Market Philadelphia
- - STRATEGIC LOCATION | LOCAL & REGIONAL ACCESS
- - SURGING MARKET FUNDAMENTALS
- - LARGE TENANTS & CAPITAL CONTINUE SOUTHERN NJ MIGRATION
- - SURGING LOGISTICS DEMAND STRENGTHENED BY COVID