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2858 Route 322 Logan Township, New Jersey For more information, please contact: Chuck Fern Executive Managing Director 732 243 3101 [email protected] Matthew Marshall Managing Director 610 729 3010 [email protected] Jeffrey Williams Managing Director 610 729 3009 [email protected] 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 WEST VIRGINIA NORTH CAROLINA MARYLAND VIRGINIA NEW JERSEY DEL. NEW YORK NH MASS. CT RI Harrisburg Scranton York Wilkes-Barre Pittsburgh and Baltimore Washington Richmond Norfolk Charlotte Toronto Portland Philadelphia New York Syracuse Albany Boston Allentown Atlantic City Buffalo Hartford Providence Burlington 1 0 0 M il e s 2 0 0 M ile s 3 0 0 M iles 80 78 83 76 76 80 476 80 81 81 81 88 390 86 87 91 89 84 84 95 90 90 95 81 79 77 95 77 85 80 95 64 87 93 70 66 N 3,327,355 SF Total Available Industrial Park Logan North Industrial Park Logan North CSX Rail Line

Burlington CANADA Logan North - Logan North Industrial Park · 2858 Route 322 Logan Township, New Jersey For more information, please contact: Chuck Fern Executive Managing Director

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Page 1: Burlington CANADA Logan North - Logan North Industrial Park · 2858 Route 322 Logan Township, New Jersey For more information, please contact: Chuck Fern Executive Managing Director

2858 Route 322Logan Township, New Jersey

For more information, please contact:

Chuck FernExecutive Managing Director

732 243 3101

[email protected]

Matthew MarshallManaging Director

610 729 3010

[email protected]

Jeffrey WilliamsManaging Director

610 729 3009

[email protected]

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

Page 2: Burlington CANADA Logan North - Logan North Industrial Park · 2858 Route 322 Logan Township, New Jersey For more information, please contact: Chuck Fern Executive Managing Director

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