111 Interstate Blvd. in South Brunswick — Courtesy: CBRE
By Joshua Burd
A third-party logistics firm has once again expanded at a South Brunswick industrial park, CBRE said Tuesday after representing the tenant in the 210,600-square-foot lease.
In a news release, CBRE said it worked on behalf of Pacific Logistics Corp. to complete the deal at 111 Interstate Blvd. within Prologis’ Turnpike Crossing Industrial Park. The firm has now expanded by 124,600 square feet from its initial 86,000-square-foot lease.
The CBRE team of Scott Belfer and Lou Belfer represented PLC, which is known for providing customizable services designed to cater to customers’ specific needs, according to a news release. Cushman and Wakefield represented Prologis.
“As the demand for tailored logistics services has grown in recent years, so too has Pacific Logistics Corp’s business,” Belfer said. “Turnpike Crossing Industrial Park’s location in the sought-after Exit 8A submarket enables PLC to provide its customers with an unparalleled level of service, and it played an important role in the company’s decision to renew and expand.
“The property also provides the tenant with the rare opportunity to display signage along the Turnpike.”
Sitting just off the New Jersey Turnpike, 111 Interstate Blvd is less than 30 miles from the Port of New York and New Jersey and Newark Liberty International Airport.
