LOGAN TOWNSHIP, NJ—Dermody Properties reports it has revised the master plan for its 1,100-acre LogistiCenter Logan industrial park here.
The remaining 12 parcels in LogistiCenter Logan have been redesigned to meet a wide range of industrial requirements, ranging in size from 17,000 square feet to 1,000,755 square feet, according to the Reno, NV-based development firm. All facilities are now planned with the capability to provide ample car and trailer parking, more efficient lighting, and greater clear height. Two of the sites can accommodate rail service.
“Anticipating demand, we want to ensure we provide the best possible facilities for our customers,” says Gene Preston, partner, Dermody Properties East Region Office. “The updates we made to the LogistiCenter Logan master plan ensure every future facility in the park will be state-of-the-art.”
Upon build out, the park will accommodate more than 7.4 million square feet of industrial, distribution and light manufacturing space. Currently, LogistiCenter Logan is comprised of 12 existing buildings. Among the tenants at the park include: Performance Food Group, Mission Produce, Albert's Organics, Kimberly Clark Corporation, Sears and hh gregg.
Dermody Properties worked with architectural firm Ware Malcomb to update the park's master plan to meet the changing needs of warehousing, distribution and e-commerce operations at the complex. Colliers International is representing LogistiCenter Logan for Dermody Properties. Great Point Investors LLC is Dermody Properties' strategic capital partner on the project.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.