3 warehouses planned for former South Jersey business center property

  • 📰 njdotcom
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

The warehouse appetite in South Jersey is strong, a recent report noted.

Nearly 48 acres of land, located at what was formerly known as the Salem Business Center, will be the future home to three warehouse buildings, according to a release last week put out by the Carneys Point property’s new owners, D2 Collins LLC of Philadelphia.

Since 2019, D2 Collins, an affiliate of D2 Organization, has completed over 2.75 million square feet of industrial development projects in Salem County alone, according to the firm. The purchase includes the acquisition of 1, 3, 4, and 7 Collins Drive, located at the interchange of Interstate 295 and Route 48.

The Delaware River and Bay Authority, a bi-state governmental agency, will no longer have an ownership presence at the former business center.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 282. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

These warehouses must mean all those good-paying jobs Governor Murphy keeps talking about. 🙄

The garden state has become the warehouse state. savethewhales

Singapore Singapore Latest News, Singapore Singapore Headlines