High-rise commercial buildings

Sub Markets

Property Sectors

Topics

New York & Tri-State CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

New York & Tri-State  + New Jersey  + Industrial  | 

Scout Capital Adds South Jersey Cold Storage Hub

Florida-based Scout Capital Partners has engaged Colliers International’s Food Advisory Services team to spearhead leasing at Scout Cold Logistics Center in East Greenwich Township, NJ. The 332,000-square-foot facility, now under construction, is located 18 miles outside central Philadelphia and 100 miles from New York City, putting it within a two-hour reach of nearly 20 million people.

“America’s supply of cold storage facilities is wholly inadequate to match the increasing demands of food distribution and online shopping, not to mention the need for storing highly-perishable pharmaceuticals and medical supplies,” said Scout founder Vincent Signorello. “Scout Cold Logistics Center, in the heart of the Eastern Seaboard, will be a core asset within our national network of climate-controlled facilities.”

With 97,000 square feet pre-leased to a perishable logistics company, Scout Cold Logistics Center has another 235,000 square feet available. Handling the assignment are Colliers’ Chris Cummings, Turner Wisehart, Sam Campbell and Marc Isdaner.

For comments, questions or concerns, please contact Paul Bubny

Connect

Inside The Story

Connect With Colliers’ CummingsConnect With Scout Capital

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition
  • ◦Lease