A development team has secured more than $100 million in financing for the first two buildings in a planned 3.2 million-square-foot industrial park in Gloucester County.
As one of the nation’s top 10 markets for cold storage space, New Jersey is poised to benefit from what experts say will be the continued growth of online grocery sales.
Preferred Freezer Services will open its ninth cold storage warehouse in the region next year with the addition of a 197,000-square-foot facility in Kearny, the company said.