Thursday, June 30, 2016

Dermody Properties Breaks Ground on New Warehouse

Dermody Properties and Great Point Investors LLC have broken ground on a new 393,120-square-foot distribution center at 2810 Oldmans Creek Rd. in Logan Twp, NJ.

Slated for delivery this fall on a 46-acre tract in the LogistiCenter at Logan business park, the property will feature 36-foot clear heights, 90 loading docks and four drive-ins, 186 car parking spaces and 129 trailer spaces within the Gloucester County Industrial submarket of Philadelphia.

LogistiCenter at Logan is a 1,100-acre, master-planned business park. Upon total build-out, the site will accommodate over 7.4 million square feet of industrial, distribution, and light manufacturing space. Currently, there is 4 million square feet of fully-entitled land parcels available for build-to-suit or sale. The proposed facilities, ranging from 10,000 to 1.2 million-square-foot buildings, have been designed to optimize the distribution supply chain and maximum speed to market. There are 11 existing buildings in the park, totaling 3.4 million square feet, located 12 miles south of Philadelphia with direct access to I-295, NJ-Turnpike, Route 130, I-95 and rail service.

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