News


PRESS RELEASES

December 22, 2016 Conshohocken, PA – Seagis Property Group announced today that it has acquired two industrial buildings totaling 101,000 square feet in Northern New Jersey. The properties include a 79,000 square foot, multi-tenant building located at 1026 West Elizabeth Avenue in Linden, NJ and a 22,000 square foot single-tenant building at 136-158 Paris Street in Newark, NJ. Both buildings are fully leased.

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November 21, 2016 Conshohocken, PA – Seagis Property Group announced today that it has acquired a 500,000 square foot warehouse complex on 23 acres in Linden, NJ. The Property is approximately 2.5 miles from Exit 13 of the New Jersey Turnpike, and 7 miles from the Port of Elizabeth. Seagis will undertake an extensive modernization of the complex, expected to be completed in Spring 2017.

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November 21, 2016 Conshohocken, PA – Seagis Property Group announced today that it has acquired 2 warehouse buildings totaling 60,000 square feet adjacent JFK International Airport in Queens, NY. The properties complement Seagis’ existing JFK holdings, now totaling 850,000 square feet and 45 buildings.

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October 13, 2016 Conshohocken, PA – Seagis Property Group announced today that it has acquired a 162,000 square foot warehouse/distribution facility at 59 Hook Road in Bayonne, NJ. The Building is located 2 miles from Global Container Terminal, and 10 miles from New York City. The property features 30 tailgate dock doors, rail service capability, and immediate access to the NJ Turnpike via Exit 14A. The Building is 100% leased.

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April 25, 2016 Conshohocken, PA – Seagis Property Group announced today that it has broken ground on Seagis Gateway 10, a speculative 923,000 square foot distribution facility located at 2170 Lincoln Highway, in Edison, New Jersey. When completed in early 2017, the cross docked warehouse will feature 40’ clear ceiling heights, ESFR sprinkler systems, 122 dock-high loading doors (expandable to 171), 371 trailer parking positions and parking for 356 automobiles. The Building is registered under the LEED green building program. The property is located ½ mile south of Exit 2B of I-287, 3 miles from Exit 10 of the New Jersey Turnpike, and 20 miles from the Port of Elizabeth/Newark. Additional information on the Property can be found at www.SeagisGateway10.com.

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September 1, 2015 Seagis Property Group announced today that Omer Mir Ahmed has joined the Company as Partner, overseeing acquisitions and development activity in the New Jersey marketplace. Mr. Ahmed has over 9 years of experience heading acquisitions and development for Russo Development in Northern New Jersey. Prior to Russo, Mr. Ahmed spent six years at Accenture, Inc.

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July 16, 2015 Seagis Property Group announced today that it has acquired a 16 building 300,000 square foot warehouse portfolio adjacent JFK International Airport in Queens, NY. The portfolio complements Seagis’ existing JFK holdings, which now total over 800,000 square feet and 43 properties.

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November 12, 2014 Seagis Property Group announced today that it has acquired a 30,000 square foot warehouse facility in Miami Florida. The multi-tenant dock-high building, which is located at 150 NW 176th Street has one 5,000 sf vacancy for lease. The property is located in the Miami Gardens submarket of Dade County. The Company now owns approximately 5 million square feet in South Florida.

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August 12, 2014 Seagis Property Group announced today that it has acquired two buildings in the Carteret submarket of Northern New Jersey. The Buildings include 600 Blair Rd, a 107,000 square foot 24’ clear fully leased warehouse on 5.3 acres, and 100 Milik Street, a 181,000 square foot 20’ clear vacant warehouse on 15 acres. 100 Milik is immediately available for lease in its entirety. The Property offers 16 docks doors, and an extensive trailer yard which can be fully secured. The Buildings are located less than 1 mile from Exit 12 of the New Jersey Turnpike, and 10 miles from Port Elizabeth and Newark Airport.

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August 12, 2014 Conshohocken, PA – Seagis Property Group announced today that it has acquired two buildings in the Carteret submarket of Northern New Jersey. The Buildings include 600 Blair Rd, a 107,000 square foot 24’ clear fully leased warehouse on 5.3 acres, and 100 Milik Street, a 181,000 square foot 20’ clear vacant warehouse on 15 acres. 100 Milik is immediately available for lease in its entirety. The Property offers 16 docks doors, and an extensive trailer yard which can be fully secured. The Buildings are located less than 1 mile from Exit 12 of the New Jersey Turnpike, and 10 miles from Port Elizabeth and Newark Airport.

Seagis Property Group LP owns and operates over 9 million square feet of industrial buildings in logistically driven locations along the Eastern Seaboard. Seagis is headquartered in suburban Philadelphia, with offices at One Tower Bridge, 100 Front Street, Suite 350, Conshohocken, PA 19428.

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November 11, 2013 Conshohocken, PA – Seagis Property Group announced today that it has acquired a 67,000 square foot industrial building at 449 Blair Rd, one mile west of Exit 12 of the New Jersey Turnpike. The multi-tenant building is 100% leased.

Seagis Property Group LP owns and operates 8.5 million square feet of industrial buildings in logistically driven locations along the Eastern Seaboard. Seagis is headquartered in suburban Philadelphia, with offices at One Tower Bridge, 100 Front Street, Suite 350, Conshohocken, PA 19428.

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December 23, 2013 Conshohocken, PA – Seagis Property Group announced today that it has acquired a 550,000 square foot warehouse at 1665 Jersey Avenue in North Brunswick, NJ.  The Building is located just north of the US Route 1 interchange, providing immediate access to the New Jersey Turnpike at Exit 9.   Features include 24’ clear height, 38 dock high loading doors (expandable), and rail service (22 loading positions).  The Building is currently 90% leased to short term occupants, and is demised into individual 110,000 square foot units. Seagis will offer space for Lease from 110,000 sf to 550,000 sf.

Seagis Property Group LP owns and operates 9 million square feet of industrial buildings in logistically driven locations along the Eastern Seaboard.  Seagis is headquartered in suburban Philadelphia, with offices at One Tower Bridge, 100 Front Street, Suite 350, Conshohocken, PA 19428.

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November 11, 2013 Conshohocken, PA – Seagis Property Group announced today that it has acquired a 67,000 square foot industrial building at 449 Blair Rd, one mile west of Exit 12 of the New Jersey Turnpike. The multi-tenant building is 100% leased.

Seagis Property Group LP owns and operates 8.5 million square feet of industrial buildings in logistically driven locations along the Eastern Seaboard. Seagis is headquartered in suburban Philadelphia, with offices at One Tower Bridge, 100 Front Street, Suite 350, Conshohocken, PA 19428.

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February 1, 2013 Conshohocken, PA – Seagis Property Group announced today that it has acquired an 80,000 square foot office/warehouse facility in the Doral submarket of Miami Florida. The multi-tenant building, which is located at 10400 NW 33rd Street was built in 1997 and features 24’ clear ceiling height, 12 tailgate dock doors and 6 drive-ins. The Company now owns 4.8 million square feet in South Florida.

Seagis Property Group LP owns and operates 9 million square feet of industrial buildings in logistically driven locations along the Eastern Seaboard. Seagis is headquartered in suburban Philadelphia, with offices at One Tower Bridge, 100 Front Street, Suite 350, Conshohocken, PA 19428.

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November 30, 2012 Conshohocken, PA – Seagis Property Group announced today that it has acquired two (2) multi-tenant warehouses totaling 270,000 square feet in Lyndhurst, New Jersey. The buildings, located at 165 and 205 Chubb Avenue are in the Meadowlands Corporate Center and are in close proximity to Route 3, Route 21, Interstate 80 and the New Jersey Turnpike. The buildings are approximately 91% leased.

Seagis Property Group LP owns and operates approximately 9 million square feet of industrial buildings in logistically driven locations along the Eastern Seaboard. Seagis is headquartered in suburban Philadelphia, with offices at One Tower Bridge, 100 Front Street, Suite 350, Conshohocken, PA 19428.

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June 25, 2012 Conshohocken, PA – Seagis Property Group announced today that it has acquired a 160,000 square foot warehouse/distribution facility in Elizabeth, New Jersey. Seagis Properties 535 Dowd AvenueThe building, located at 535 Dowd Avenue, has extensive frontage on the New Jersey Turnpike and is within one mile of Newark Liberty International Airport and the Port of Elizabeth.  The building was acquired vacant.

Seagis Property Group LP owns and operates over 8.5 million square feet of industrial buildings in logistically driven locations along the Eastern Seaboard. Seagis is headquartered in suburban Philadelphia, with offices at One Tower Bridge, 100 Front Street, Suite 350, Conshohocken, PA 19428.

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February 29, 2012 Conshohocken, PA – Seagis Property Group announced today that it has acquired a 340,000 square foot warehouse/distribution facility in the Doral submarket of Miami Florida. The building, which is located at 10000 NW 25th Street features 32’ clear ceiling height, ESFR sprinkler systems, secured cross-dock loading (50 dock high and 4 drive-ins), 56,000 sf of finished two-story office space, 6,400 sf of refrigerated storage area, T-5 Lighting, diesel powered back-up generator, and 331 auto parking spaces. Access is provided off of 25th and 21st Streets. The building will be available in its entirety for lease in June 2012. full story (PDF)

January 17, 2012 Seagis Property Group announced today that Ronald Marrero has joined Seagis Property Group as Associate Director – South Florida. Mr. Marrero most recently served as an Associate with CBRE Inc. in Miami, and previously with Americas Industrial Realty. Mr. Marrero will be focused on acquisitions along with leasing support of Seagis’ 4.4 million square foot 88 building Dade and Broward County portfolio. Marrero joins Richard Guertin, Senior Asset Manager, who joined Seagis in October 2011. Previously, Mr. Guertin held the position of Portfolio Manager at PS Business Parks. Both are based out of the Company’s Miramar Florida office. full story (PDF)

January 17, 2012 Seagis Property Group announced today that it has acquired an 80,000 square foot warehouse/distribution facility in the Medley submarket of Miami Florida. The building, which is located at 11305 NW 128th Street was built in 1998 and features 24’ clear ceiling height, 8 tailgate dock doors and 2 drive-ins. full story (PDF)

November 17, 2011 Seagis Property Group announced today that it has acquired a 9 building, 140,000 square foot industrial park in the North Dade submarket of Miami Florida. The buildings, which front the Palmetto Expressway, range in size from 16,000 to 42,000 square feet, and offer 21’ clear heights, with dock-high and street level loading. The Property will be known as 826 Industrial Park, and is currently 90% leased to multiple tenants. full story (PDF)

July 25, 2011 Seagis Property Group announced today that it has acquired an 87,000 square foot warehouse/distribution facility in the Airport West submarket of Miami Florida. The building, which is located at 3450 NW 115th Avenue in Doral fronts the Florida Turnpike and is fully leased on a single tenant basis. The Building, completed in 1998 features 15 dock high doors and 1 drive-in, 10,000 sf of finished office and an approved secure outdoor storage area. full story (PDF)

July 7, 2011 Seagis Property Group announced today that it has acquired a 50,000 square foot warehouse/distribution facility in the Airport West submarket of Miami Florida.  The building, which is located at 1325 NW 78th Avenue in Doral, fronts the Palmetto Expressway and is fully leased to multiple tenants. full story (PDF)

June 9, 2011 Seagis Property Group announced today that it has named Kenneth R. Moyer as Chief Investment Officer at the firm. Mr. Moyer has been a Partner and Senior Vice President with the firm since its inception in 2005. full story (PDF)

May 9, 2011 Seagis Property Group announced today that Timothy E. McKenna has joined Seagis Property Group as Partner and Chief Financial Officer. Previously, Mr. McKenna held the position of CFO at Patriot Equities from 2006-2011, CFO at Preferred Real Estate Investments Inc from 2004-2006, and CFO of Keystone Property Trust up until the time of its sale to ProLogis in 2004. Prior to Keystone, Mr. McKenna spent eleven years in the real estate group of Arthur Andersen. full story (PDF)

May 2, 2011 Seagis Property Group announced today that it has acquired a 361,000 square foot warehouse/distribution facility in Clifton, New Jersey. The building, which is located in the Meadowlands submarket, was built in 2002 and is 100% leased. full story (PDF)

January 7, 2011Seagis Property Group has purchased a 112,855 square foot industrial building in Miami, Florida. The multi-tenant facility is located at 8305 NW 27th Street in the Transal Business Park. The building has 38 tailgate dock doors and a clear ceiling height of 24’. It was built in 1996, and is located three (3) miles from Miami International Airport.

The acquisition increases the Company's South Florida holdings to 77 buildings, totaling over 4.3 million square feet. full story (PDF)