INDUSTRIAL CAMPUS OPPORTUNITY - 2,871,912 SF - 3 Buildings

One of the last remaining Sites for a large-scale campus in Central New Jersey

 

PROJECT HIGHLIGHTS

Unique Industrial Campus Opportunity

Cranbury Logistics Center presents one of the few remaining opportunities in the New Jersey Industrial Market to achieve a large-scale corporate campus.

Location: Exit 8A

This property is situated within the 55 million square foot Exit 8A Submarket in Central New Jersey at the geographic center of the Boston - Washington DC Corridor; approximately 32 miles southwest of Manhattan and 50 miles northeast of Philadelphia. The submarket is directly south of the Port of New York/New Jersey, which, along with the Ports of Los Angeles and Long Beach, comprise the largest ports in the United States. Exit 8A is one of the most dynamic distribution hubs in the country, hosting a range of Fortune 500 tenants such as Costco, Home Depot, Barnes & Noble, Coca-Cola, FedEx, Ford Motor Company and Kellogg's; and household names like Volkswagen Audi, Williams-Sonoma, Crate & Barrel, ShopRite, Hyundai, Petco, L'Oréal and Tory Burch. Exit 8A serves as a processing, sorting and distribution hub for products arriving at the Port of NY/NJ.

Access/Visibility

This site is located less than three miles from the New Jersey Turnpike Interchange 8A and offers prominent frontage along this critical roadway. The site also provides immediate access to Route 130.

Best-In-Class Building Specifications

Cranbury Logistics Center is a master-planned, institutionally owned industrial park, boasting best-in-class design amenities including extensive "off-wall" dedicated trailer storage, approvals for clear heights of 40' and higher, optimal column spacing, and a fully circulating design.

Building One:      

Building Three:               

Office to suit

2,237' X 600'


approved for clear heights of 40’+

 

4 Drive-in doors


290 Trailer spaces

185' Truck courts

429 Car Parking Spaces

276 Loading docks

Office to suit
970' X 456'

 

approved for clear heights of 40’+


4 Drive-in doors

 

109 Trailer spaces

185' Truck courts

166 Car parking spaces

111 Loading docks

AVAILABLE SPACE

1,346,138 s.f.

444,426 s.f.

Fully Leased

Building Two:     

Office to suit
1,764' x 560'


approved for clear heights of 40’+

4 Drive-in doors


205 Trailer spaces

185' Truck courts

327 Car parking spaces

208 Loading docks

 

991,348 s.f.

Fully Leased

Under Construction

SITE PLAN

LOCATION

Highlights

Cranbury Logistics Center is located in one of the most powerful regions in the world being 32 miles from Manhattan and 25 miles from the Port of NY/NJ.

 

The New York metropolitan area is the most affluent consumer market in the world with a gross metropolitan product of over $1.5 trillion.

 

The Port of NY/NJ continues to experience unprecedented growth, moving 5.78 million TEU containers in 2014 worth over $207 Billion, setting a new record.

 

The Exit 8A sub-market is consistently stabilized with a strong labor force in the Central New Jersey market.

GEOGRAPHICALLY POSITIONED

Cranbury Logistics Center is located at the geographic center of the Boston - Washington, DC Corridor.

55 MILLION SF EXIT 8A SUBMARKET

This property is situated within the 55 million square foot Exit 8A Submarket in Central NJ.

 

CENTRALLY LOCATED

Less than three miles from the New Jersey Turnpike Interchange 8A.

 

CONTACT/ABOUT US

Owner:

Clarion Partners has been a leading U.S. real estate investment manager for over 30 years. Headquartered in New York with offices in major markets across the United States as well as in São Paulo, Brazil and London, England, and a presence in Mexico, they employ a national network of experienced professionals who bring a deep knowledge of local markets to every investment decision. Clarion currently has $36.8 billion in total assets under management and 200 domestic and international investors. The company invests in high quality properties, typically from the five key property types: office, retail, industrial, multifamily residential and hotel. Clarion Partners is distinguished by a performance driven approach, organizational stability and a mandate of accountability to their clients.

 

 

JLL (NYSE: JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. A Fortune 500 company with annual fee revenue of $5.2 billion and gross revenue of $6.0 billion, JLL has more than 280 corporate offices, operates in more than 80 countries and has a global workforce of more than 60,000. On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 4.0 billion square feet, or 372 million square meters, and completed $138 billion in sales, acquisitions and finance transactions in 2015. Its investment management business, LaSalle Investment Management, has $59.1 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.

 

 



Andy Sitzer

+1 214 647 4929

andy.sitzer@clarionpartners.com

Paul Torosian

+1 609 410 8755

paul.torosian@am.jll.com

Nate Demetsky

+1 732 590 4184

nate.demetsky@am.jll.com

 

 

 

Leasing Agent:

©2017 JLL | Jones Lang LaSalle IP, Inc. All rights reserved. All information contained herein is from sources deemed reliable; however, no representation or warranty is made to the accuracy thereof.