SOUTH BRUNSWICK AND MONROE TOWNSHIP, NJ—Taking advantage of strong demand in the tight Exit 8A Submarket, J.G. Petrucci Company is breaking ground for two build-to-suit industrial buildings located in Middlesex County, NJ. The class-A buildings will be located less than a mile from New Jersey Turnpike Exit 8A, midway between New York City and Philadelphia, PA.
“The Exit 8A submarket has been seeing sustained demand since I started in the business 28 years ago,” J.G. Petrucci president Jim Petrucci tells GlobeSt.com exclusively. “It is an ever-growing market, and these are good in-fill sites.”
Both property locations will offer abundant labor and close proximity to the New Jersey Turnpike. Area neighbors include major corporations such as Barnes & Noble, Conagra Foods, Williams Sonoma, Home Depot and Volkswagen.
“We run contrary to the market, we don't do big boxes, we like users, manufacturers, and job creators that need 60-100,000 square-foot boxes,” Petrucci says. “We do see a need for spec construction, although we do build-to-suit more, but we do sprinkle spec in the mix.”
Petrucci declined to disclose construction costs or discuss leasing ranges, but an industry observer familiar with the submarket and the project says the properties are likely to lease in the “mid-$5 per square-foot” range.
“We will deliver quality buildings that will stand the test of time,” says Petrucci.
The first industrial opportunity, at 15 Stults Road in South Brunswick Township, NJ, is a 63,506 sq. ft. industrial building scheduled for delivery by the end of October 2015. The state-of-the-art facility features high bay clear height, and ample parking and loading docks as well as an ESFR sprinkler system.
Petrucci is also preparing for groundbreaking of the second industrial facility located at 30 Engelhard Drive in Monroe Township, NJ. The 130,102 sq. ft. state-of-the-art building is divisible and features high bay clear height, ample parking and loading docks, as well as an ESFR sprinkler system. The building will be delivered in the second quarter of 2016 in time to meet anticipated market demands.
© 2025 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.
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].
