PHILLIPSBURG, NJ – Developer, J.G. Petrucci Co. Inc. and an institutional real estate investor have secured joint-venture equity and construction financing for the development of a 511,200-square-foot, class A industrial building in Phillipsburg, NJ.

The building, Phillipsburg Logistics Center at 78, will be constructed on 66 acres at 39-41 Stykers Rd. within the Lehigh Valley Industrial submarket.

The project will feature 36-foot clear heights, 86 loading positions, two drive-in doors, 109 trailer parking stalls, wide column spacing and an ESFR sprinkler system. The property will be constructed to new generation building specifications.

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Ingrid Tunberg

Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.