M id A tlantic Real Estate Journal — New Jersey/Pennsylvania — April 23 - May 20, 2021 — 19B
www.marej.com
N ew J ersey /P ennsylvania
Cushman & Wakefield serve as leasing agents for property Dermody Properties leases LogistiCenter at Midway South
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signed and efficient space for a company like Pregis, with outstanding access to all of eastern Pennsylvania and the greater New York consumer population bases via I-78.” said Gene Preston , East Region Partner at Dermody Properties. “LogistiCenter at Midway South will connect the company to more than 36% of the U.S. and 60% of the Canadian population all within a one-day truck drive.” Pregis will use the facility to support their workforce growth as the company plans to add 80 manufacturing posi- tions by the end of April. art medical office building is currently home to Rothman Orthopaedic Institute, The Heart House cardiology group, Jefferson Health Outpatient Imaging, and Advocare OB/ GYN. Additionally, Atkins and Woodmont recognized the tremendous unmet demand in the local market for medical office space and converted one
“We’ve seen an unprec- edented amount of growth in e-commerce over the past year, which has significant- ly driven up the demand for class A, state-of-the-art distribution and logistics facilities,” said Elizabeth Kauchak , COO at Dermody Properties. “Pregis’ expansion to this facility will enable the company to add more capac- ity to its robust e-commerce product line.” Gerry Blinebury, Adam Campbell and Hunter Kes - sell , all of Cushman &Wake - field, were the leasing agents for the property. MAREJ of the three planned 10,000 s/f retail buildings to medical use. Shortly thereafter, Atkins ne- gotiated a lease for 7,000 s/f at the building with AxiaWomen’s Health. In addition to its slate of healthcare tenants, the property has also attracted a diverse blend of traditional retail tenants such as Bison Coffee Co. MAREJ
ETHEL TOWN - SHIP, PA — Dermo - dy Properties has
l eased Lo - gistiCenter at Midway South to Pre- gis, LLC., a leading glob- al provider of innovative p a c k a g i n g and protec-
Gene Preston
tive products. Pregis has leased the entire 304,000 s/f building, located on more than 29 acres at 9024 Old Rte. 22 in Bethel Twp. “This facility offers well-de-
LogistiCenter at Midway South to Pregis
WASHINGTON TWP., NJ — Atkins Companies , and its joint venture partner Wood- mont Properties, announce that Mid Atlantic Retina will join the roster of national and regional specialty healthcare tenants at Washington Square Town Center. Mid Atlantic Retina has signed a lease for 5,400 s/f of space at a 10,000 Atkins Cos. negotiates 5,400 s/f lease Washington Square Town Center s/f standalone retail building at the highly sought-after mixed- use community in Gloucester County and plans to open the new location in late Spring 2021. The lease with Mid Atlantic Retina continues to solidify Washington Square Town Cen- ter’s status as a hub for grow- ing Philadelphia and southern New Jersey-based healthcare networks. Spread across 35 acres, the mixed-use commu- nity features 330 residential apartments, 100 townhomes, an assisted living facility as well as a 40,000 s/f, class A medical office building and 30,000 s/f of ground-level re- tail space. Completed in 2018, the community’s state-of-the-
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229,474 +/- sf Parking Garage with 6 Commercial Units June 3 rd Atlantic City, NJ
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