Upload
others
View
12
Download
0
Embed Size (px)
Citation preview
2858 Route 322Logan Township, New Jersey
For more information, please contact:
Chuck FernExecutive Managing Director
732 243 3101
Matthew MarshallManaging Director
610 729 3010
Jeffrey WilliamsManaging Director
610 729 3009
Cushman & Wakefield, Inc.One Fayette Street - Suite 125
Conshohocken, PA 19428
610 772 2000
cushmanwakefield.com
©2017 Cushman & Wakefield. The depiction in the included photograph of any person, entity, sign, logo or property, other than Cushman & Wakefield’s client and the property offered by Cushman & Wakefield, is incidental only, and is not intended to connote any affiliation, connection, association, sponsorship or approval by or between that which is incidentally depicted and Cushman & Wakefield or its client. This listing shall not be deemed an offer to lease, sublease or sell such property; and, in the event of any transaction for such property, no commission shall be earned by or payable to any cooperating broker except if otherwise provided pursuant to the express terms, rates and conditions of Cushman & Wakefield’s agreement with its principal, if, as and when such commission (if any) is actually received from such principal. (A copy of the rates and conditions referred to above with respect to this property is available upon request.)
N
PENNSYLVANIA
CANADA
OHIO
WESTVIRGINIA
KENTUCKY
INDIANA
ILLINOIS
WISCONSIN
NORTHCAROLINA
SOUTH CAROLINAGEORGIAALABAMAMISSISSIPPI
MISSOURI
ARKANSAS
TENNESSEE
MARYLAND
VIRGINIA
NEWJERSEY
DEL.
NEW YORK
VERMONT
NH
MASS.
CT RI
MAINE
MICHIGAN
Harrisburg
Scranton
York
Wilkes-Barre
Pittsburgh
Columbus
Cincinnati
Cleveland
Detroit
Baltimore
Washington
Richmond
Norfolk
Charlotte
Toronto
OttawaMontreal
Portland
Indianapolis
Louisville
Nashville
Chicago
Milwaukee
Philadelphia
New York
Syracuse
Albany
Boston
Allentown
AtlanticCity
Buffalo
HartfordProvidence
Burlington
100 Miles
200 Miles
300 Miles
80
78
83
7676
80
476
80
81
81
8188
390
86
87
91
89
95
84
84
95
90
90
95
81
81
64
79
70
75
77
77
95
77
40
85
75
90
94
70
75
71
65
69
65
65
40
80
95
64
87
93
70
66
N
3,327,355 SF Total Available
Industrial ParkL o g a n N o r t h
Ind
ustria
lP
ark
Lo
ga
nN
or
th
CSX
Rail Line
Industrial ParkL o g a n N o r t h
BuildingSquare Feet
AvailableBuilding
Dimensions
Building A 164,000 sf 820’ x 200’
Building B 274,200 sf 761.67’ x 360’
Building C 232,308 sf 761.67’ x 305’
Building D 238,350 sf 761.67’ x 315’
Building E 244,900 sf 790’ x 310’
Building F 305,150 sf 718’ x 425’
Building G 145,140 sf 615’ x 236’
Building H 1,105,000 sf 1700’ x 650’
Building I 315,200 sf 800’ x 394’
Building J 100,440 sf 837’ x 120’
Building K 202,667 sf 633’ x 320’
Total SF 3,327,355 sf
s p e c i f i c a t i o n s
N
Ind
ust
rial
Park
Lo
ga
nN
or
th
P R O J E C T N A M E
L O G A N N O R T H I N D U S T R I A L P A R K
Potential Buildable SF Greater than 3M SF
Acreage ±415
Class Core A
Submarket Gloucester County
ZoningRCC Warehouse Distribution Centers
Potential Clear Height Up to 40’
As of right Impervious coverage up to 80%
S t r a t e g i c L o c a t i o nLogan North Industrial Park is strategically located directly off exit 11 of interstate 295. Located 90 Miles from New York City, 15 Miles from Philadelphia and 105 miles from Washington DC, Logan North is strategically located at the heart of United States’ most important consumer base. These attributes have combined to make the Southern New Jersey industrial market a must consider location for firms opening or relocating a bulk distribution center.
E x c e p t i o n a l C o r e M a r k e t – H i g h D e m a n dLogan North is positioned in the Southern New Jersey industrial market comprised of the Burlington, Gloucester, Camden and Salem counties. The Class A segment in this market boasts a nominal vacancy rate and build to suit projects are becoming the standard solution for firms sourcing facilities greater than 400,000 SF.
B e s t - I n - C l a s s D e s i g nThe Property will support best-in-class industrial design. The superior geo-tech engineering at Logan North will allow for slab- on-grade construction with live floor loads that exceed over 500 pounds per square foot. The Property will also feature industry leading trailer parking and loading ratios. The sites direct access to 295 compared to inferior access at competitive developments will allow Logan North to be the first choice for tenants and users looking to locate in Southern New Jersey.
P r o x i m i t y t o P o r t s a n d M a j o r T r a n s p o r t a t i o n I n f r a s t r u c t u r eLogan North’s infrastructure access is second to none. The property has direct access to 295. It is proximate to three major deep water ports, 15 Miles from the Port of Philadelphia, 93 Miles from the Ports of Newark and Elizabeth and 88 Miles from the Port of Baltimore. Additionally, the site is serviced by two Class 1 railroad, Norfolk Southern and CSX. The triple threat of road, rail and deep-water port access will make Logan North a must consider location for any user utilizing multi-modal transportation.
R o b u s t E c o n o m i c I n c e n t i v e sCreated by the Economic Opportunity Act of 2013 and broadened by the Economic Opportunity Act of 2014, Grow NJ is New Jersey’s incentive program that attracts and retains corporations through annual tax credits. It is overseen by the New Jersey Economic Development Authority (NJEDA). In order to qualify for the tax credits a project must be located in a qualified area, be in need of financial support, and demonstrate that the award is crucial to the applicant’s decision to remain in or relocate to New Jersey. The base grant for award is calculated according to three thresholds: jobs, capital investment and net benefit.
• Create at least 35 jobs and/or retain 50 jobs(1)
• Make or acquire a capital investment of at least $60 per square foot for new industrial development(1)
• Yield a positive net benefit to the state• Maintain 80% of project and statewide employment for 1.5x the term of the credit
B r i d g e p o r t / L o g a n T o w n s h i pLogan Township qualifies as a Priority Area, which provides companies with base grant of $3,000 per year, per new job created, for a term of 10 years. Retained jobs would be entitle to 50% of the new-employee base grant amount. In addition to base grant, projects may qualify for additional bonus grants. There are more than a dozen bonuses that applicants may be eligible for.
(1) Job and Investment thresholds for Gloucester County and 12 other Southern NJ counties is lower than the rest of the state