Real Estate Journal — The Best of 2014 — March 27 - April 9, 2015 — 7C
M id A tlantic
The LARGEST INDUSTRIAL LEASES of 2014 Whitesell 250 Daniels Way Burlington, NJ Cushman &Wakefield (PA) 234 Walnut Bottom Rd. Shippensburg, PA NAI Mertz 7 Esterbrook Lane Cherry Hill, NJ
Brokers: JLL – Brian Knowles, Whitesell (Owner/ Builder) - In house representation Size: 677,815 s/f This build-to-suit for lease project for Burlington Stores, Inc. employed approximately 200 persons during development at a cost of $30m and created 100 new, full-time jobs. A number of factors encouraged Burlington Stores to choose the 56-acre 250 Daniels Way site at the Haines Center. The site is located in an exceptionally maintained, master-planned industrial development with significant infrastructure invest- ment that enables direct access to major highways and includes an onsite regional commuter rail station. Ideally situated at New Jersey Turnpike Exit 6 and the Pennsylvania Turnpike connector, less than an hour’s drive to the ports of New Jersey and Philadelphia, the location enables Burlington Stores to reap the com- petitive benefits enabled by same day delivery to a 25- 30 million person market area. The site also enables Burlington Stores available expandability of 321,000 s/f to accommodate future growth.
Broker: Scott Mertz, SIOR Size: 121,790 s/f Scott Mertz sold 7 Esterbrook Lane, a 181,000 s/f industrial and distribution facili- ty, in 2013 and was re- tained as landlord rep- resentative In 2014, he leased 121,790 s/f to StonCor Group.
Brokers: (Shown from top L-R) Gerard Blinebury, Jr., Patrick McBride, Adam Campbell, Leah Balerno, Marie Connell Size: 1,500,000 s/f The deal was completed in record time for industri- al space, allowing Prologis to complete a build-to-suit project for a Fortune 100 company.
Prime Property for Lease in Southern New Jersey
Whitesell Properties >> Industrial >> 400 Richards Run, The Haines Center Burlington, NJ >> 510,566 sq. ft.
AVAILABLE | INDUSTRIAL
• 84 TG’s, 2 DI’s • ESFR sprinkler system • Direct Access to NJ Turnpike Exit 6
• Cross- dock distribution warehouse • 4000 amp electric • 30’-37’ clear height
856-764-2600 | www.whitesellco.com | Commercial Office & Industrial Real Estate
Made with FlippingBook flipbook maker