In March 2005, Endurance joined with AMC Delancey
Group to acquire the 378,000 square-foot I-295
Industrial Center in Westville and Deptford Township,
NJ. Constructed in the 1970s and the late 1980s,
I-295 Industrial Center is a flex/industrial property
consisting of 15 buildings which range in size
from 10,000 to 70,000 square feet. SINCE OUR CLOSING WE HAVE UNDERTAKEN A MAJOR REDEVELOPMENT OF THE PARK IN CONJUNCTION WITH PUTTING IN PLACE A CONDOMINIMUM ASSOCIATION TO ALLOW FOR THE SALE OF INDUSTRIAL CONDOMINUMS. IMPROVEMENTS HAVE INCLUDED REPLACING ROOFS, NEW BUILDING AND DIRECTIONAL SIGNAGE, REPAVING THE PARKING LOT’S, AND ADRESSSING THE HISTORICAL DEFERRED MAINTEANCE OF THE PARK.
Available
Units: 5,000 to 20,000 SF –
SALE / LEASE OPPORTUNTIES. Seller financing available
in certain cases.
Building Square
Footage: 378,000 SF total. 315,000
SF part of a 14 building Condominium Association,
and a separate 63,000 SF building.
Office %/ SF:
500-1,000 SF generally for each unit
Acreage / Lot Size:
+/- 30.7 acres
Description:
15 building Flex/Industrial Park – single
and multi/tenant. Caters to small business owners
looking to own. Ownership will enter short term
leases 1 year or less. Or long term leases 5 years
+, as well as leases with purchase options.
Construction:
Brick veneer with masonry walls over steel framing
Ceiling Height:
16’ low to 23’ high
Column Spacing:
25’ x 50’ – column free in 5,000
SF units
Loading: Each
unit offers at least one tailgate door and one
drive in door per 10,000 SF. In most cases there
are additional loading units to accommodate 5,000
SF users.
Parking:
Macadam paved parking throughout – approximately
525 spaces
Heating:
Efficient gas heat through ceiling hung gas fired
blowers. Individual gas and electric meters
Offices have individual systems of hot air and
air conditioning combination units
Sprinkler:
Fully wet-sprinkler system throughout
Location:
Located adjacent to interstate I-295 exit 25 Delsea
Drive in Westville and Deptford Borough in Gloucester
County, South Jersey. Five minutes to Walt Whitman
and Ben Franklin Bridges and Exit 3 of NJ Turnpike
Expansion/Trailer
Parking: Land available for 70,000
SF building on 4.39 acres built to suit or for
additional parking
For Sales and Leasing Information please contact:
Marc Isdaner or Ian Richman at Colliers L&A (215) 928-7566 |
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