By Joshua Burd
Woodmont Industrial Partners is eyeing a spring delivery for a new distribution center in Woodbridge, with construction well underway at the 101,425-square-foot project.
The developer on Wednesday joined local officials to mark vertical construction at 85 New Brunswick Ave., part of the township’s Hopelawn section. Slated for completion in the second quarter of 2021, the facility will feature 36-foot clear ceiling heights and other modern features, seeking to capitalize on a location near the township’s network of highways.
“We’re incredibly proud to be part of today’s commemorative celebration and applaud Woodmont’s hard work and commitment behind this amazing milestone,” Woodbridge Mayor John McCormac said. “The addition of an asset such as Woodmont’s world-class distribution center will provide long-lasting benefits to the Hopelawn community and serves as a key indicator of the growth and opportunity Woodbridge has to offer.”
Woodmont has retained the CBRE team of Executive Vice President Mindy Lissner, Senior Vice President Kevin Dudley and Senior Vice President David Gheriani as the property’s leasing agents, according to a news release. The firm noted that the building is within a quarter-mile of routes 440 and 9, the New Jersey Turnpike and the Garden State Parkway, providing easy access to Manhattan, Staten Island and the other outer boroughs.
The facility, which Woodmont says will appeal to last-mile users such as e-commerce firms, will have 12 dock doors with the option to expand to 24.
“Today not only marks a milestone for Woodmont Industrial Partners redevelopment projects, it also represents a great deal of cooperation, determination and professionalism between Woodmont and our partners in this endeavor,” said Eric Witmondt, CEO of Woodmont Properties. “Throughout the acquisition process, and as we move forward with construction, we’ve been incredibly fortunate to work alongside true leaders in local government and in the Woodbridge community — without whom none of this would be possible.”
Woodmont Industrial Partners said it has spent the past 18 months on the project and formally closed on the acquisition of the site in July. A dedicated team, led by Head of Acquisitions Steven Beyda, continues to pursue opportunities to diversify and grow the WIP portfolio and is actively expanding its footprint throughout the eastern corridor.
“Working alongside Woodbridge’s leadership on this exciting new project has been incredibly rewarding and is truly a resounding example of what’s possible when partners share the same vision and the same goal,” said Stephen Santola, Woodmont Properties’ executive vice president and general counsel. “Today is a testament to that shared vision and to each and every person who helped us reach this point and bring an incredible asset to an equally incredible community.”
