PISCATAWAY, NJ—Lincoln Equities Group has received preliminary site plan approval from the Piscataway Planning Board to develop 2.4 million square feet of industrial space on 265 acres. The build-to-suit industrial subdivision, known as the Lincoln Industrial Park, is located on a former Dow Chemical brownfield site at 171 River Road. The master plan for the redevelopment project includes the construction of up to eight buildings, as well as new roads, infrastructure and landscaping.
“We wanted the ability to tailor each new building based on individual user requirements, and the Planning Board's Preliminary Site Plan approval grants us the flexibility to do this,” says Robert Schenkel, senior director of development for LEG. “This modern, state-of-the-art customized development is ideal for 'high cube' distribution companies that require multimodal transportation access.”
Intended for distribution and warehousing companies that need to store high volume product, the site is situated one mile from Interstate 287 (with direct access off both Exits 8 and 9), close to Port Newark/Elizabeth, and is serviceable by “F Plate” rail cars. As part of the project, Baekeland Avenue, which provides access from the site to Exit 8, will be completely reconstructed.
“Most industrial developments only offer businesses the opportunity to lease space,” Schenkel tells GlobeSt.com exclusively. “This site offers a unique – and rare – opportunity to companies to custom design and purchase their new home, 'build-to-suit, to own', in a subdivision with so many other successful entrepreneurial businesses who are doing the same thing."
The new industrial park is expected to break ground in the fall of 2015. Each building's standard design includes 36-foot clear ceiling heights, an architecturally appealing glass entry, one loading dock/10,000 square feet with levelers, seals and bumpers, an ESFR sprinkler system, 3% office space, trailer storage and concrete paved trailer pads.
Dow Chemical conducted a thorough clean-up of the site, which was formerly the home of a plastics manufacturing plant.
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Steve Lubetkin
Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].
