DERMODY, AEW CAPITAL BREAK GROUND FOR 308,276 SF INDUSTRIAL FACILITY

by admin

SOUTH BRUNSWICK, N.J. — Dermody Properties and AEW Capital Management have broken ground for the construction of LogistiCenter Exit 8A, a 308,276-square-foot industrial facility in South Brunswick. Located in the heart of the New Jersey Turnpike Exit 8A market, the facility will feature 36-foot clear heights, 66 car 59 trailer parking spaces, energy efficient lighting, 35,000-pound dock levelers and office space. LogistiCenter Exit 8A is slated for completion in February 2015. AEW is partnering in the development on behalf of AEW Partners VII LP, an opportunistic real estate fund. Jules Nissim and Marc Petrella of Cushman & Wakefield will market the property.

You may also like