New 151,600K+ SF Lease in Popular Pureland Industrial Complex
The property, a 151,600-square-foot industrial building on 14.09 acres, is located in the Pureland Industrial Complex. New tenant Champion Services is a leading warehouse and trucking company with over 35 years in the business, hauling both containerized and domestic freight across all 48 states. The move represents a consolidation for the firm of multiple regional locations.
“We extend a warm welcome to our newest tenant. As a leading logistics firm Champion Services said 1 Warner Court’s attractive location and access was a perfect fit.” noted Brian Poitras from GFI Partners, the Boston-based property owner. GFI plans to make substantial upgrades to the building for Champion which include expanding the parking lot to allow for additional trailer parking, installation of new LED lighting, new roof installation, as well as white boxing of the warehouse area.
1 Warner Court sits along the I-295 corridor directly off Exit 10, and less than a few miles from the New Jersey Turnpike at exit 2 and minutes from I-95 and Philadelphia via the Commodore Barry Bridge. Strategically located within the Pureland Industrial Park, the property offers immediate access to Philadelphia International Airport and the Ports of Camden/Philadelphia. It is a who’s who of corporate neighbors within Pureland Industrial Park, which includes household names such as Lockheed Martin, Home Depot, Sam’s Club, CTDI, Kimberly Clark, Amazon, Cardinal Health, La Brea Bakery, Kenco Logistics, UPS and many others.
Marc Isdaner of Colliers International facilitated the transaction. The tenant was represented by Scott Mertz of NAI Mertz.
For further information, contact:
Marc Isdaner, Senior Managing Director | Principal
+1 856 414 4900 | email@example.com
About GFI Partners
GFI Partners s a full service real estate developer and investment manager built on an operating platform with a 20+ year track record of successful commercial investments. Founded in 1997, the Boston based real estate developer has permitted, developed and acquired over 17 million square feet of commercial space across the United States. As a vertically integrated firm, GFI manages all aspects of the investment from underwriting, permitting, through construction and stabilization.
In the last five years, GFI Partners has built over 5 million square feet of commercial real estate for its own portfolio. This includes the development of over 3 million square feet of industrial space. GFI is currently developing more than 8 million square feet of real estate along the East Coast valued at over $600 million in project costs. GFI’s current portfolio totals over 10 million square feet valued at over $1 billion. Learn more at https://www.gfipartners.com.
About Colliers International
Colliers International (NASDAQ, TSX: CIGI) is a leading real estate professional services and investment management company. With operations in 68 countries, our more than 15,000 enterprising professionals work collaboratively to provide expert advice to maximize the value of property for real estate occupiers, owners and investors. For more than 25 years, our experienced leadership, owning approximately 40% of our equity, has delivered compound annual investment returns of almost 20% for shareholders. In 2019, corporate revenues were more than $3.0 billion ($3.5 billion including affiliates), with $33 billion of assets under management in our investment management segment. Learn more about how we accelerate success at corporate.colliers.com, Twitter @Colliers or LinkedIn.