Philadelphia (NJ), New Jersey Portfolio

Location Characteristics: A strategic location approximately two hours from major metropolitan areas such as New York City and Washington, D.C., and within a half-hour drive of the Port of Philadelphia and the Philadelphia International Airport.

Market Insight: With its vast logistical infrastructure, including unparalleled access to a network of multi-directional interstate highways, deep-water cargo ports, intermodal terminals, and air freight capabilities, the New Jersey market provides critical supply chain benefits and best-in-class distribution solutions that result in consistent tenant demand from every business line. The low vacancy rates and high rents achieved in this market is a result of the infill locations, resulting in a high barrier to entry.