(To read more on the industrial market, click here.)
LOGAN TWP., NJ-DP Partners has completed construction of thefirst speculative building within its new LogistiCenter at Loganindustrial park. The completion brings 360,000 sf to market in whatis expected to eventually build out to 5.5 million sf at the1,000-acre rail-served park.
The Reno, NV-based DP, formerly known as Dermody Properties,bought the tract known as Northeast Business Park in 2005 from NewCastle, DE-based Harvey Development Co. and subsequently re-taggedit with its LogistiCenter brand. As reported by GlobeSt.com, DPstarted construction on the now-completed building earlier thisyear.
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