(To read more on the industrial market, click here.)
EDISON, NJ-JG Petrucci Co., an Asbury-based developer andconstruction firm, is set to launch construction in June for its570,000-sf Middlesex Logistics Center here. The project, which isbeing done on a speculative basis, is slated to rise near Exit 10of the New Jersey Turnpike.
"Our confidence in the local market was the key to our decisionto build on spec," says Greg Rogerson, a principal of JG Petrucci.Middlesex Logistics Center is one of the largest spec distributionfacilities under way north of Exit 8A of the Turnpike, Rogersonsays. The site is about 19 miles from the Port of Newark/Elizabethand 30 miles from New York City, and corporate neighbors includeFedEx, John Wiley & Sons and National Freight Industries.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
