HomeReal Estate & DevelopmentAuto parts business expands rapidly in Pennsauken, subleasing 140K sq. ft. from...

Auto parts business expands rapidly in Pennsauken, subleasing 140K sq. ft. from subscription box firm

Two companies undergoing rapid growth have struck a subleasing agreement at a Pennsauken industrial facility, according to real estate firm Colliers International.

Misfits Market, a subscription box service, is moving to a new, build-to-suit facility in Delanco, and sought a tenant to fulfill its existing lease of 140,800 square feet at 500 Griffith Morgan Lane.

As a result, Ian Richman and Marc Isdaner of the Colliers office in Mount Laurel represented Misfits Market in the deal with performance auto parts business Maxon Auto Corp. — which is moving from a mere 19,000-square-foot facility elsewhere in Pennsauken.

The 500 Griffith Morgan property includes 24-foot clear ceiling heights, 29 loading docks and three drive-in doors, Colliers said.

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