Monday, June 27, 2022

NFI Industries to occupy new 264,600-square-foot industrial building in Quakertown

Natalie Kostelni Reporter Philadelphia Business Journal

NFI Industries Inc. will occupy the Quakertown Logistics Center, a newly constructed 264,600-square-foot building just off the Quakertown Interchange of I-476.

The process that led NFI to take the space was circuitous but reflects the sometimes fast-changing needs of companies that manage the distribution of products for clients.

In July 2020, the Camden-based trucking and logistics company put 33 acres under contract just off Route 663 in Milford as Gorski Engineering Inc., the owner, sought to get the property approved for the development of a 264,600-square-foot warehouse. In October 2021, with the approvals secured, NFI closed on buying the land and moved forward with constructing the new warehouse.

In addition to trucking and logistics, NFI owns more than 60 million square feet of real estate that it uses or leases to tenants. Some of the properties are used for transportation purposes such as truck terminals and others are distribution centers.

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