Real estate firm Mapletree Investments has acquired nearly 23 acres in Burlington County where it plans to build a 250,000-square-foot logistics facility just off the New Jersey Turnpike.
Market Sectors
New Jersey has an unmatched location and a population that developers dream about. It’s no wonder the commercial real estate industry is flourishing and evolving across all segments of the market.
Owners Council Q&A: Jeff Milanaik
Our industry, like all others, has seen an ebb and flow since 2020. While we received the benefit of thriving business immediately following the pandemic, the last few years have brought us stabilization. As seasoned professionals in the industry, Bridge Industrial recognized that the level of activity we had during COVID could not be sustained for an extended time. In fact, as early as 2022, in my role as NAIOP Corporate Chair, the signs of a shift began to appear, and activity began to shrink. However, as we are heading into the end of 2024, we are beginning to see signs of increased activity and customer demand.
