Industrial News

RENCO USA thanks Woodmont Industrial Partners for their continued support

“RENCO USA is thrilled to be commencing operations here in Palm Beach County and thanks the County, its commissioners and staff, the Business Development Board and Woodmont Industrial Partners for their continued support of our growth,“ said Ken Smuts, President of RENCO USA, Inc. and Jupiter resident.

Published by BDB of Palm Beach County

Woodmont/Jingoli launch construction of 152,000 sf South Amboy industrial project

The developers, Woodmont Industrial Partners and Joseph Jingoli & Son Inc., are repurposing 22 acres at the northern edge of the city and less than a mile from Route 9. Plans for the Main Street site call for a facility with 36-foot clear ceiling heights, abundant trailer and car parking and 22 dock doors, with an additional 22 knock-out doors available if desired by a tenant.

Published by Real Estate NJ

Woodmont Industrial Buys Jupiter Warehouse for $21M

Woodmont Industrial Partners is expanding its footprint in South Florida with the acquisition of a 212,000-square-foot newly constructed Class A warehouse in the Palm Beach Park of Commerce.

Published by The Real Deal

Morgan McEwan joins Woodmont Industrial Partners

Woodmont Industrial Partners has made an addition to its Fairfield-based team, as it eyes continued expansion in both the Northeast and other top logistics markets. In her role as an industrial associate, Morgan McEwan will contribute to the growth and day-to-day management of a portfolio that has included sites in New Jersey, the Lehigh Valley and the Southeast.

Published byReal Estate NJ

Woodmont Industrial Partners Acquires Site in Allentown, Pennsylvania

Woodmont Industrial Partners, a national developer and owner of industrial properties, announced the acquisition of 2401 West Emmaus Avenue in Allentown, Pennsylvania. The site consists of a 91,350-square-foot building on 13.75 acres and is leased on a short-term basis. Woodmont Industrial Partners plans to re-position the site into a state-of-the-art Class A facility that will meet the market’s demand for industrial space as vacancies hit a record low.

Published byReal Estate Weekly

Woodmont Plans 8 Warehouses at Palm Beach Park of Commerce

Woodmont Industrial Partners plans to build a warehouse complex at the Palm Beach Park of Commerce, as the developer continues to make a hefty play on the robust industrial market. The Fairfield, New Jersey-based developer and owner of industrial real estate purchased the properties in eight deals, one for each parcel, from three affiliates of Atlanta-based TPA Group.

Published byThe Real Deal

Woodmont Buys 117 Acres in Palm Beach County

An affiliate of Woodmont Properties acquires 116.57 acres of vacant land in the Palm Beach Park of Commerce, west of Jupiter. Woodmont continues to expand it’s industrial footprint in the South Florida market.

 

Published bySouth Florida Business Journal

Cushman & Wakefield brokers $22M sale of NJ industrial portfolio

A Cushman & Wakefield team of Andy Merin, David Bernhaut, Gary Gabriel, Kyle Schmidt, Andy Schwartz, Jordan Sobel and Andre Balthazard represented the seller, Woodmont Properties, and procured the buyer, Western Building Company.

Published byReal Estate Weekly

City of South Amboy Approves Warehouse Project

The South Amboy Planning Board has unanimously approved a new warehouse facility at 111 Main Street in the City. Woodmont Properties is slated to construct a 152,000 sq. foot warehouse distribution facility on 22 acres in the Broadway/Main Street redevelopment zone.

 

Published byTAP into Raritan Bay

Developers plan 426,000 sq. ft. industrial campus after buying Somerset office property

A joint venture has acquired an office building and adjacent land in Franklin Township, with plans to redevelop the site as a two-building, 426,000-square-foot industrial campus.

Published byReal Estate NJ

Woodmont Sells New 101,000 Sq. Ft. Industrial Building in Woodbridge

An affiliate of Woodmont Properties has sold a newly built, fully leased industrial property in Woodbridge to a buyer that has also become one of its newest joint venture partners.

Published byReal Estate New Jersey

Woodmont Industrial Partners, Butters Construction Acquire 6.1-Acre Industrial Development Site in Pompano Beach, Florida

Woodmont Industrial Partners and joint venture partner Butters Construction and Development have acquired a 6.1-acre industrial site in Pompano Beach.

Published byReal Estate Business

Woodmont Sells Southeastern Industrial Property for $18M

New Jersey-based Woodmont Industrial Partners has sold a 520,000 s/f industrial property in the southeastern U.S. for $18 million.

Published byReal Estate Weekly

LI Logistics Center Leased to Amazon Sells for $30.7M

A 130,565-square-foot warehouse and distribution center in Shirley that’s leased to Amazon has sold for $30.7 million. An “institutional client” of BlackRock Real Assets purchased the complex on 12.65 acres at 100 Precision Drive.

Published byLong Island Business Journal

Woodmont Continues Industrial Expansion with NJ Acquisition

Woodmont Industrial Partners (WIP), a national developer and owner of industrial properties, and EverWest Real Estate Investors, an institutional real estate investment and operating company, announced the acquisition of 461 Ridge Road, a 144,551 s/f industrial facility in South Brunswick, New Jersey.

Published byReal Estate Weekly

Woodmont Begins Vertical Construction of 101,425 SF Distribution Center in Woodbridge, New Jersey

Locally based developer Woodmont Industrial Partners has begun vertical construction of a 101,425-square-foot distribution center at 85 New Brunswick Ave. in the Northern New Jersey city of Woodbridge.

Published byReal Estate Business

Woodmont Taps Former CBRE Broker to Lead Industrial Acquisitions

Woodmont Properties has hired a former broker with CBRE as its new head of industrial acquisitions.

Published byReal Estate NJ

Renovated Princeton Office Building Achieves LEED Certification

Woodmont Properties said Monday its fully renovated office building in West Windsor Township achieved LEED certification.

Published byNJBiz