Thursday, January 25, 2024

Food Distributor Renews Lease, Expands Space in Central New Jersey

 By Linda Moss CoStar News

A food supplier and distributor has renewed its lease and expanded its space at an industrial property in central New Jersey.

Performance Food Group, based in Richmond, Virginia, will be leasing 300,618 square feet at 1109 Commerce Blvd. in Swedesboro. The occupied space was originally 159,627 square feet, and a new 140,991-square-foot addition has been constructed, according to Colliers, a broker on the deal. About 25% of the building is dedicated to cold-storage space.

Performance Food, which delivers more than 300,000 food-and-related products to customers across North America, has more than 150 distribution centers across the United States. The Commerce Boulevard site services Peformance Foods' mid-Atlantic operations for Vistar, a line focused on stocking snack, candy and beverage items in business and community locations.

This Swedesboro property is part of the Logisticenter at Logan, a Class A master-planned business park mostly developed by Dermody Properties in Logan Township. The building is managed by DWS, who is ranked among the world’s largest real estate managers.

The location and park are positioned along the Northeast corridor, immediately accessible to Interstate 295 and minutes from the New Jersey Turnpike and to the Commodore Barry Bridge.

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