IDI Logistics’ top executive on the East Coast is now the firm’s chief strategy officer after being promoted by the Atlanta-based industrial developer.
IDI Logistics has acquired two properties in the Somerset section of Franklin that it now plans to redevelop as a new high-end warehouse and distribution facility.
IDI Logistics has bolstered its development pipeline in the state with its purchase of office properties in Piscataway and Ewing, with plans to redevelop both as industrial space.
IDI Logistics has secured a full-building commitment at a newly built industrial building in Passaic, leasing more than 100,000 square feet to a home improvement giant.
A storage and moving services provider is slated for a late summer move-in at a new 450,000-square-foot distribution center in South Brunswick, following a deal arranged by Cushman & Wakefield.
