Upon total build-out, the park will accommodate more than 5.5 million square feet of industrial, distribution and light manufacturing facilities. LogistiCenter SM at Logan is a 1,100-acre industrial park with 7 available lots ranging from approximately 50,000 square feet to over 1,000,000 square feet. “The quality of the tenants at LogistiCenter SM at Logan demonstrates clearly what we have been able to achieve here.” “We are very happy to take this next step with Dermody Properties to fulfill our goal of making LogistiCenter SM at Logan the premier industrial park in southern New Jersey,” said Joseph Versaggi, Principal, Great Point Investors. The industrial park is within 15 miles of the Delaware River ports in Camden, Philadelphia and Wilmington. Its location provides exceptional access to I- 295, the New Jersey Turnpike, the Pennsylvania Turnpike, I-476 and the Eastern Seaboard. The industrial park is located halfway between New York City and Washington, D.C., in the heart of the Northeast Transportation Corridor. population and one of the world’s largest consumer markets within a one-day drive of its tenants. LogistiCenter SM at Logan puts 40 percent of the total U.S. This location combined with our modern and efficient building designs have made LogistiCenter SM at Logan a thriving industrial park.” “The park is strategically located with convenient access to the interstate, highway and railway systems, multiple ports, and two international airports. “We are excited to break ground on another facility in LogistiCenter SM at Logan,” said Gene Preston, Partner, Dermody Properties East Region Office. Pictured from left to right: James Mascaro, Steven Karpf, and Jeff Zygler, Dermody Properties Joseph Versaggi, Great Point Investors Gene Preston and Nicole Cantor, Dermody Properties. The facility is e-commerce compliant with 36 feet of clear height, 186 car parking spaces and 129 trailer spaces. Upon completion, the facility will be well suited for e-commerce, food and beverage, and consumer product warehousing and distribution operations.
Construction is expected to be complete in fall of 2016. The companies broke ground on a 393,120-square-foot building located at 2810 Oldmans Creek Road.
Great Point Investors is the strategic capital partner on the project. J| Uncategorized Construction Begins on 9th Facility in New Jersey Industrial Parkĭermody Properties recently broke ground on a new distribution facility at LogistiCenter SM at Logan, a 5.5-million-square-foot, Class A industrial park located in Logan Township.
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