198 Democrat Road in East Greenwich Township — Courtesy: Prologis Inc.
By Joshua Burd
Prologis Inc. has filled some 574,000 square feet of new logistics space in Gloucester County, now a key distribution center for a global supplier of cocoa, coffee, dairy, nuts and spices.
The developer on Thursday joined ofi, or Olam Food Ingredients, to unveil the facility in East Greenwich Township while marking a new addition to its 53.1 million-square-foot portfolio in New Jersey. The property at 198 Democrat Road also reflects continued leasing momentum across Prologis’ holdings in South Jersey, the real estate investment trust said, noting that its other fully occupied buildings in the region serve vital roles in industries such as food manufacturing and national retail distribution.
In East Greenwich, the company has leveraged its One Prologis approach platform by bringing together leasing, development and customer solutions services to support the tenant in a location that is less than a mile from Interstate 295.
“We are proud to join our elected officials today in welcoming one of the world’s largest food and beverage ingredient suppliers to this state-of-the-art logistics facility in South Jersey,” said Mike Sacro, senior vice president and market officer for Prologis. “This facility represents a significant investment in the region, the creation of local jobs and our ongoing commitment to providing businesses in New Jersey with the modern, sustainable facilities they need to manage and grow.”
The REIT noted last year that the site’s proximity to I-295 gives it direct access to Interstate 95 and Philadelphia across the Delaware River, while the facility has 40-foot clear ceiling heights and key sustainability and resiliency features such as ponds to help with stormwater runoff. It subsequently acquired nearly 200 acres on a neighboring parcel with plans to build more than 826,000 square feet across three new warehouses.
In the meantime, Prologis marked ofi’s arrival on Thursday while noting that it’s creating additional local jobs and significant new tax revenue that will helps fund schools, parks and infrastructure projects. Its overall New Jersey portfolio supports tens of thousands of jobs and hundreds of companies operating in the state, the company said, adding that its facilities in 2024 saw $135.1 billion in throughput, supporting a $14.6 billion in gross domestic product impact while generating more than $3 billion in tax revenues.
Prologis, local officials unveil new 574,000 sq. ft. logistics facility in Gloucester County
