Executives with Mapletree Investments Pte Ltd recently broke ground on a new 250,000-square-foot industrial building on Burlington-Mount Holly Road in Westampton Township. — Photo by Jay Gorodetzer Photography/Courtesy: Mapletree
By Joshua Burd
Mapletree Investments Pte Ltd has broken ground on a new 250,000-square-foot industrial building in Burlington County, as it ramps up its development pipeline in key U.S. markets.
The facility, located in Westampton Township, is now set to rise along Burlington-Mount Holly Road on a site that is just south of a New Jersey Turnpike interchange and less than two miles from Interstate 295. That figures to draw interest from prospective tenants, as Mapletree looks to attract distribution and last-mile delivery users to the growing submarket.
Completion is slated for the second quarter of 2026.
“Today’s groundbreaking is a major step for Mapletree’s development platform as we continue to expand our pipeline nationwide,” said Richard Prokup, the firm’s U.S. CEO. “We see strong, long-term value in the industrial sector, where development plays an essential role in our growth strategy.”
Based in Singapore, the global real estate development, investment, capital and property management company paid an undisclosed price late last year for the 22.5-acre parcel, which was fully approved at the time. It’s now marketing the new warehouse alongside a leasing team with JLL, while Blue Rock is leading construction.
“We’re proud to continue expanding Mapletree’s U.S. logistics footprint with a development that delivers not only modern specifications and high functionality, but also incorporates sustainability features designed to meet the evolving needs of today’s occupiers,” said Chiagorom Osu, head of U.S. logistics development at Mapletree. “Once complete, this Class A facility will achieve LEED Silver certification, offer 36-foot clear height, 44 dock doors, two drive-in doors, 150 parking spaces, 62 trailer stalls, electric vehicle charging infrastructure, LED lighting, solar-ready roof and smart meters.”
The groundbreaking is among several development milestones that Mapletree has recently marked across the U.S., the firm said. In May, it acquired an 18.11-acre site on Vetter Road in Chicago’s Joliet submarket, where it plans to develop a 276,000-square-foot logistics facility with direct connectivity to the Joliet Intermodal Center — North America’s largest inland port — home to both the Union Pacific and BNSF Joliet Intermodal Terminals.
A month earlier, Mapletree received subdivision and site plan approval to construct a 149,100-square-foot logistics facility on an 8.2-acre parcel adjacent to its existing 400,000-square-foot warehouse at 1350 Munger Road in Chicago’s North DuPage submarket. The company expects to break ground late this summer.
Also underway is the 53,995-square-foot expansion of Mapletree’s facility at 350 Gills Drive, located just 10 miles south of downtown Orlando. The project will create 204,540 square feet of high-end logistics space, with completion slated for late 2025.
Mapletree added that, since entering the U.S. real estate market in 2014, it has built a diverse portfolio spanning logistics, data center, office, student housing and multifamily properties. As of March 31, 2025, the U.S. accounted for some 25 percent of the group’s total assets under management, equating to $60.1 billion.
Mapletree plans 250,000 sq. ft. warehouse after buying fully approved Westampton parcel
