An aerial view of 159 Milford Road in East Windsor, as seen during construction in August. — Courtesy: CBRE
By Joshua Burd
A developer has opened the doors to a new 410,300-square-foot industrial building in East Windsor that will serve as a distribution center and warehouse for LG Electronics USA.
In a news release, local officials on Thursday touted the opening of the company’s new facility at 159 Milford Road, a development by Trammell Crow Co. just off Exit 8 of the New Jersey Turnpike. The consumer electronics giant will be the sole occupant of the property, which is known as Gateway Twin Rivers, and use it as a distribution point for refrigerators, dishwashers, ranges, washers and dryers and other home appliances.
The CBRE brokerage team of Mindy Lissner, William Waxman, Steven Beyda, Dan McGovern, Robert Pine, Kevin Dudley and David Gheriani marketed the property during construction. JLL Executive Vice President Brian Golden and Senior Vice President Melissa Holland represented the tenant.
“LG Electronics had an immediate need for warehouse/distribution space in one of the tightest industrial submarkets in New Jersey,” Golden said. “We were able to locate a brand-new, high-end facility that met all of the global electronics company’s needs.”
Holland added: “JLL successfully completed the transaction within LG’s short time frame by combining the resources of its brokerage, supply chain and project and development services groups.”
RELATED: Amid supply constraints, developers look down the Turnpike for new opportunities
The project follows the recent expansion and relocation of the Exit 8 interchange, which developers and local officials hoped would raise East Windsor’s appeal as an industrial submarket. The interchange sits between exits 7A and 8A, which are home to tens of millions of square feet of industrial space and a host of high-profile tenants.
“East Windsor is excited to welcome global giant LG Electronics, and the size and scope of this modern Class A facility marks a significant investment and exhibits strong confidence in the attractiveness and economic vitality of East Windsor for business,” Mayor Janice Mironov said in a prepared statement. “This project will generate substantial local tax dollars and new jobs for our area, as well as new patrons for our many stores and restaurants.”
At the time of a groundbreaking last fall, a Trammell Crow executive highlighted the potential of the new submarket around Exit 8.
“As one of the first new Class A distribution facilities being developed in East Windsor, we are confident that 159 Milford Road will be met with significant market interest,” said Andrew Mele, managing director in Trammell Crow’s northeast metro division. “This project presents the market with an ideal opportunity to take brand new product located immediately off of the Turnpike.”
Another project in the township, a 635,000-square-foot distribution center on Wyckoff Mills Road, was preleased last year by Modway Furniture. The LG facility spent years as excess property for Conair Corp., whose headquarters is directly across the street.
RELATED: After 20 years and three sales, a site finally finds its calling
The new building is expected to create 50 jobs in East Windsor. During a recent grand opening ceremony, an LG executive offered credit to Mironov and other township officials.
“In East Windsor, we have a great facility in a great location, centrally located between New York and Philly,” said Paul Heffernan, vice president of supply chain for LG Electronics USA. “There is a terrific workforce here and excellent transportation access, too.
“LG is looking forward to being a good neighbor and good corporate citizen in the home of our new facility, East Windsor Township.”