Liberty Property Trust, confident in the South Jersey
industrial market, has broken ground on a speculative warehouse building in
Gloucester County.
The last time Liberty completed a speculative development in
Gloucester County was in 2009.
The Malvern, Pa., real estate investment trust is
constructing a 200,000-square-foot building at 2277 Center Square Road in
Logan, N.J. The property is off Exit 10 of I-295.
The company continues to be bullish on the industrial
markets along the New Jersey Turnpike.
“With easy access to Philadelphia and the surrounding areas
via the Commodore Barry Bridge and with its proximity to the New Jersey
Turnpike, Gloucester County continues to attract substantial space users
seeking well-located and high-quality warehouse and distribution buildings,”
said Mark Goldstein, vice president at Liberty.
Source: Philadelphia
Business Journal
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