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Rockefeller Group Sells Recently Completed Industrial Near NJ Turnpike Exit 7
Rockefeller Group has sold a recently completed 345,600-square-foot distribution center to Glendale Warehouse and Distribution Corp. for $83 million. Rockefeller Group Logistics Center Eastampton is located on 27.64 acres on Route 206 in Eastampton Township, NJ, approximately eight miles from Exit 7 of the New Jersey Turnpike. Rockefeller Group purchased the property in September 2021.
“Rockefeller Group is pleased to complete and sell our industrial distribution center in Eastampton, which drew significant interest from both local and national users during the construction of the core and shell,” said Zac Csik, VP, Rockefeller Group NJ/PA Development. Glendale will use the building for the distribution of spices and other food grade products.
Chuck Fern from Cushman and Wakefield represented the buyer, while the CBRE team of Tom Monahan, Gerard Monahan, Stephen D’Amato, Larry Schiffenhaus, Lauren Hageman and Ana Lazarides served as the exclusive agent for the seller.
- ◦Sale/Acquisition