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New York & Tri-State  + New Jersey  + Industrial  |  June 16, 2023
Emily Fu
By: Emily Fu

Dermody Properties Buys 214K-SF Industrial Development in Woolwich Township 

Dermody Properties has acquired a 214,271-square-foot industrial development site in Woolwich Township, New Jercey, from Arbok. The closing price was not disclosed.  

Located at 261 Swedesboro Paulsboro Road, the 14 acres site is fully approved for industrial development. The planned development will include features such as 40-foot clear heights, drive-in and dock doors, trailer stalls, and ample parking. The completion of the project is scheduled for mid-2024. 

Cushman & Wakefield represented the seller with a team of Gerry Blinebury, Gary Gabriel, Kyle Schmidt, Brendan McGeary, John Gartland, and Jonas Skovdal. 

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About Emily Fu

Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money. With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.
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