
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. Endurance plans
to undertake a large-scale redevelopment program
for this asset, with the goal of converting the
complex into upgraded, industrial condominium
units.
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 Matt Guers at Colliers L&A (215) 928-7566 |
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