HomeReal Estate & DevelopmentNAI Mertz sells 20-acre parcel in Bordentown to First Industrial Realty Trust

NAI Mertz sells 20-acre parcel in Bordentown to First Industrial Realty Trust

New 208,000 sq. ft. spec distribution facility planned; NAI Mertz will head leasing.

NAI Mertz recently announced that Jonathan Klear, senior vice president, and Fred Meyer, executive vice president, completed the sale of a 20-acre parcel located at 445 Rising Sun Road in Bordentown, on behalf of a private owner to First Industrial Realty Trust Inc.

First Industrial is launching construction of a speculative building on the site, which has frontage on Route 130, Rising Sun Road and Dunns Mill Road.

Klear and Meyer of NAI Mertz, in conjunction with Cushman & Wakefield‘s Jules Nissim, vice chairman, and Kimberly Bach, senior associate, have been selected by First Industrial to handle leasing for the building known as First Bordentown Logistics Center. First Bordentown will total approximately 208,000 square feet of warehouse space and include 2,950 square feet of office space. Delivery is slated for late 2022.

This location in Burlington County will offer potential tenants immediate northbound and southbound access to Route 130 and less than one mile of travel to southbound access to Interstate 295 at Exit 56 and northbound access to Interstate 295 at Exit 57. It is also just two miles to Exit 7 of the New Jersey Turnpike and 7.5 miles to the Pennsylvania Turnpike.

The proposed building features 36-foot clear ceiling heights, 45 trailer stalls, 42 dock doors, two ramps, ESFR sprinkler system and abundant employee parking. Corporate neighbors include Grainger, Genesis Logistics, Netflix, United Supply, Owens & Minor and BJ’s, among others.

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