NAI Mertz has facilitated the sale of a 100-acre development site in Pemberton to Rockefeller Group. The real estate firm’s Senior Vice President Jonathan Klear and Executive Vice President Fred Meyer led the transaction. Rockefeller Group intends to develop a 486,850-square-foot industrial project on the property, which will be known as 206 Logistics Center. NAI Mertz will handle marketing for the project, offering it for build-to-suit, lease, or sale.
“Working with Rockefeller Group on this transaction has been truly rewarding,” said Klear. “206 Logistics Center is expected to be a significant addition to the industrial market offering excellent access to major transportation corridors such as Route 206, I-295 and the New Jersey Turnpike, as well as a strong labor pool,” he added.
The planned development will consist of two buildings designed for logistics and distribution tenants. Features include clear ceiling heights of 36 feet and 40 feet, ample trailer parking, ESFR sprinkler systems, and 3,000 amps of power.
