New Jersey Authorities Give Okay to Proposed $350m Logistics Center
By: Goodman Birtcher July 07, 2014
Goodman Group, Australia's largest listed industrial property group, says its wholly owned North American subsidiary, Goodman Birtcher, has received approvals for the development of a proposed $350m logistics center in Linden, N.J. The project is part of the recently announced $1.4bn development pipeline in the key U.S. logistics markets of California, Pennsylvania and New Jersey.
The proposed development will offer a combined total of more than 2.8 million square feet of logistics space across five high-grade distribution warehouses, which are to be delivered in three phases.
The logistics center, to be named Goodman Logistics Center Linden, will be close to major road, air and sea infrastructure, including direct access to the New Jersey Turnpike and seven miles to Newark International Airport and the Port of Newark.