The current owner of the property, which encompasses 1.8 million sf of refrigerated and dry warehouse space in 11 buildings on 118 acres, is GMT Realty LLC. The ownership is comprised of a group of bondholders who bought the complex for $108 million in March from the Holt Group Inc., which has been in Chapter 11. That $108 million is the exact amount that was owed by Holt to the bondholders.

Holt, a locally-based conglomeration of shipping, stevedoring and warehousing companies, retains a long-term operating agreement for the terminal complex. Holt also retains ownership of 45 acres of the site, which is located under the Walt Whitman Bridge connecting this South Jersey community with metro Philadelphia.

A deep-water port facility, GMT can be used as a container cargo operation, refrigerated warehouse/distribution complex or break-bulk terminal for various kinds of cargo, according to an IESG spokesperson. The property offers intermodal access, including the Northeast's only three-railroad intermodal facility.