Overview
As exclusive agent Cushman & Wakefield is pleased to offer Logan Logistics Park for sale.
Logan Logistics Park is situated along Route 130 with direct access to I-295, the
NJ Turnpike, and just seven minutes from the Commodore Barry Bridge connecting New Jersey to Southeastern Pennsylvania.
The project is an exceptionally located parcel of scale with the ability to build up to 1.2 MSF of Class A industrial space as-of-right. Gloucester County continues to be one of the most popular locales for businesses seeking access to Philadelphia and the I-95 Corridor. Bulk distribution and major Tenants including Amazon, Walmart, Target, Five Below, and UPS are all located within minutes of the Park. As the supply of bulk product further north continues to get absorbed, demand for bulk product will continue to move further south as tenants begin to migrate down the New Jersey Turnpike and I-95. Logan Logistics Park is fully approved and poised to capitalize off of this migrating demand at a time when there is not enough bulk product in the market to accommodate these larger users.
Investment Highlights
Shovel Ready with Scale & Flexibility
- Two Class-A buildings totaling 1.2 MSF
- Flexible site plan for a single tenant user or multi-tenant demise scenario
- Fully approved site with the ability to start construction immediately and deliver into a supply constrained market
Mature New Jersey Market With Multiple Demand Drivers
- Logan Township has been established as a core logistics hub with Big Box users such as Amazon, Walmart, UPS, Target, Walmart, and Five Below leasing over 11.4 MSF across 8 buildings
- Direct access to the Commodore Barry Bridge and New Jersey Turnpike to easily service both the Philadelphia Market and the NYC/NJ Port Market
- Multimodal location: Port of Wilmington, Penn Terminals, PHL Airport, PhilaPort, and Port of New York/New Jersey
Delivering Into a Supply Constrained Market
- No vacant bulk product over 500,00 SF currently available in Burlington or Camden County, pushing users in search of bulk space further south
- Increased bulk demand continues to drive leasing in the SNJ market with 19 deals over 300,000 SF signed in the last 24 months totaling ~10.4 MSF of new deals
- Over 26 deals actively looking for space over 500,000 SF totaling ~19.8 MSF of active bulk requirements
Heavy Power/Data Center Potential
- Site has heavy power capacity - up to 350 MW
- Former Logan Generating Plant located across the street and existing substation on site
- Site is boarded by 250kV and 230kV transmission lines
Photo Gallery
