2575 Route 206 in Eastampton — Courtesy: Rockefeller Group
By Joshua Burd
Rockefeller Group has sold a newly built distribution center in Burlington County for $83 million, securing a buyer that will occupy the nearly 346,000-square-foot building.
The developer on Wednesday announced the transaction, noting that Glendale Warehouse and Distribution Corp. will distribute spices and other food-grade products from the Eastampton property, at 2575 Route 206. News of the sale comes three months after completion of the facility, which sits on 27.64 acres and has a 36-foot clear ceiling height, 54 dock doors with two drive-in doors, 4,000 square feet of speculative office space, 3,000 amps of power and LED lighting.
The Rockefeller Group Logistics Center Eastampton, which is some eight miles from Exit 7 of the New Jersey Turnpike, also comes with parking for 96 trailers and 384 cars, plus a 185-foot truck court with a 60-foot concrete apron.
“Rockefeller Group is pleased to complete and sell our industrial distribution center in Eastampton, which drew significant interest from both local and national users during the construction of the core and shell,” said Zac Csik, a vice president with Rockefeller Group’s New Jersey and Pennsylvania development team, in Morristown. “It was a pleasure working with Glendale, a user-buyer who was excited to be purchasing a new, Class A distribution center in one of New Jersey’s fastest-growing industrial markets — Burlington County.”
Chuck Fern of Cushman & Wakefield represented the buyer, while CBRE’s Tom Monahan, Gerard Monahan, Stephen D’Amato, Larry Schiffenhaus, Lauren Hageman and Ana Lazarides represented Rockefeller Group. Blue Rock Construction was the general contractor, with Menlo Engineering as civil engineer and KSS Architects as the designer of the 345,600-square-foot facility.
Rockefeller Group purchased the property in September 2021, according to a news release. In recent months, it has worked closely with Glendale to ensure the completed building would meet the buyer’s stringent food safety requirements and operational needs.
Glendale will employ around 30 workers at the new property, many of whom are coming from the firm’s facilities in Edison.
“Glendale is excited to be moving into our new, state-of-the art distribution center in Eastampton as we continue to expand our business in New Jersey,” Glendale President Frank Collette said. “With this new facility, developed by a terrific partner in Rockefeller Group, we are consolidating operations from multiple buildings in Edison to this larger building and will be able to better serve our customers and utilize multiple ports of entry for our imported products.”