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New Jersey
September 13, 2019
September 13, 2019 - Conshohocken, PA – Seagis Property Group announced today that it’s 415,533 SF speculative development at 50 Central Avenue in Kearny, NJ is 50% complete, with substantial completion of the project scheduled in early 2020.
The 40’ clear, fully secured, cross docked project features 85 dock doors, 4 drive-in doors, 261 auto parks and 151 trailer parking spaces.
The building, located off Exit 15E of the New Jersey Turnpike, provides immediate access to the entire New York City Metro area and is minutes away from Port Elizabeth/Newark, and Newark International Airport.
The project is being marketed by the CBRE New Jersey team led by Thomas Monahan. More information can be found at: http://www.seagispoint15e.com
Seagis Property Group LP (“Seagis”)
Seagis Property Group LP (“Seagis”) is a privately held industrial real estate owner and investor focused on the acquisition and development of properties located in logistically driven markets along the Eastern Seaboard. The company’s current portfolio spans more than 13 million square feet of space in New Jersey, New York, and South Florida. Seagis acquires stabilized core, core-plus, value-add, and development real estate for logistics use. Since its inception in 2005, Seagis has successfully acquired and developed more than 14.3 million square feet of industrial space. Seagis is headquartered in Conshohocken, Pennsylvania, located in suburban Philadelphia.