Seagis Property Group Acquires 500,000 SF Warehouse Complex in Linden, NJ

Seagis Property Group Acquires 500,000 SF Warehouse Complex in Linden, NJ

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November 21, 2016

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.

About Seagis Property Group LP

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.