15 Route 173 in Hampton — Courtesy: Cushman & Wakefield
By Joshua Burd
A logistics company from Southern California is expanding into New Jersey with its purchase of a 30,000-square-foot warehouse in Hunterdon County.
Cushman & Wakefield, which brokered the deal, said Chino, California-based Kal Freight Inc. has acquired the property at 15 Route 173 in Hampton. Located just off Interstate 78, the site provides the firm with access to a corridor linking New Jersey to the entire East Coast.
C&W brokers Daniel Badenhausen and Andrew Stypa represented the buyer.
“This is a valuable asset,” Badenhausen said. “It’s a robust truck terminal with 15- to 20-foot clear ceiling heights, abundant trailer parking, and a unique location. Its proximity to the Bethlehem, Pa. and Philipsburg, N.J. areas, which are experiencing rapid growth in big-box warehouse distribution buildings, adds to the potential for the structure.”
The brokers also noted that the property, which provides access to Interstate 81, has 50 loading doors and cross-docking.
“This strategic acquisition broadens the reach of Kal Freight,” Stypa said. “Besides Chino, the company already has a presence in Dallas and Indianapolis. New Jersey rounds out the portfolio, giving the company a valuable East Coast entry.”
Memo Martinez, Kal Freight Inc.’s safety supervisor, called the move “a big leap for us.”
“Kal Freight is a family owned company that started small but is expanding,” he said. “This move into New Jersey gives us direct access to the entire East Coast, up to Maine, and our drivers can now reach the entire continental U.S.”