11-18-22

N ew J ersey 8B — November 18 - December 22, 2022 — New Jersey — M id A tlantic Real Estate Journal

www.marej.com

OODBRIDGE, NJ — Woodmont Industrial Part- Property to offer 54,000+ s/f of quality industrial space in a prime location Woodmont Industrial Partners celebrates ground- breaking of warehouse property in Woodbridge, NJ W

ners (Woodmont) announced the start of construction at 51 New Brunswick Ave. in Woodbridge. The property will feature 54,113 s/f of industrial space and is expected to reach completion in the second quar- ter of 2023. “We welcome the develop- ment at 51 New Brunswick Ave. as it will not only generate quality jobs but also bring eco- nomic benefits to Woodbridge and our residents long-term,” said Woodbridge Mayor John E. McCormac.

Groundbreaking held at 51 New Brunswick Avenue in Woodbridge, New Jersey

Located on the border of Fords and Hopelawn, the property will feature 32’ clear height ceilings, ample parking, seven dock doors with optional expansion to nine, build-to-suit office space, and easy access to the New Jersey Turnpike, Garden State Parkway, Route 9 and Route 440. Woodmont acquired the site in April 2022. “Woodbridge presents an incredible opportunity for companies looking to establish a regional hub, headquarters, or last-mile delivery cen- ter, as it offers access to an exceptional labor force and several main thoroughfares,” said Anthony Amadeo, Vice President of Woodmont. “To- day’s groundbreaking marks an exciting milestone for all stakeholders in Woodbridge as the industrial real estate market in prime locations is in high demand. We look forward to starting construction on our newest locations in New Jersey and beyond.” Over the past year, Wood- mont has executed several key acquisitions in the most active industrial growth mar- kets in the country, adding approximately 6 million s/f to its portfolio. Most recently, the team celebrated the ground- breaking of a 152,100 s/f class A warehouse in South Amboy, New Jersey, the construction and leasing of a 212,000 s/f newly constructed Class A warehouse building in Jupiter, Florida, and will begin the redevelopment and construc- tion on 209,000 s/f in South Brunswick, New Jersey this Fall. The team remains incred- ibly active in the northeast, southeast, and southwest regions of the US with over 10 million s/f in its active pipeline for development and/ or renovation. MAREJ

EXPLORE THE HAINES CENTER SPACE AVAILABLE MAY 2023

280 DANIELS WAY, FLORENCE, NJ 08518 INDUSTRIAL SPACE FOR LEASE: UNIT 1 - 208,476 SF

• Exceptional 208,476 sf lease opportunity designed for warehousing or production operations located at the award-winning Haines Center. • Cross-dock distribution Class A warehouse includes 30’ – 37’ clear height, 1,400-amp electrical service, ESFR sprinkler, LED lighting, 21 tailgates w/ load levelers, 2 drive-in doors, Cambridge heating units, and skylights. 5,086 sf office area includes kitchen, private offices, conference rooms and open areas. • 20 trailer stalls and 63 auto stalls are available to Unit 1. • Direct immediate access to NJ Turnpike Exit 6A, the PA Turnpike, and I-95. • Space will be available May 2023.

856-764-2600 | www.whitesellco.com | Industrial & Office Real Estate Proudly Serving Southern New Jersey for Over 60 Years

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