With walls up and roofing on, construction for the build-to-suit UPS regional hub and package distribution center at Lincoln Logistics Bayonne is progressing right on schedule, according to a Thursday announcement from developer Lincoln Equities Group.
The East Rutherford-based firm anticipates a fourth-quarter delivery for the 886,000-square-foot structure.
The UPS facility will neighbor a 330,000-square-foot warehouse building launching on spec this spring, rounding out Lincoln Equities Group’s revitalization of the 153-acre former Military Ocean Terminal site into a state-of-the art, modern portside distribution property. Cushman & Wakefield is marketing the spec opportunity for lease; the building has 5 acres set aside for parking and is ideally suited for e-commerce and same-day delivery providers.
“It’s exciting to see our vision for Lincoln Logistics Bayonne coming to life,” Lincoln Equities Group’s president, Joel Bergstein, said. “This property represents one of the last remaining industrial redevelopment opportunities of scale in the port market, and we have designed two facilities that set the highest standard for modern portside logistics worldwide.”
Reflecting the project’s significance within the marketplace, the UPS build-to-suit won NAIOP New Jersey’s 2021 Judges’ Transformation Award.
Representing the largest infill industrial redevelopment in the New York metro area, Lincoln Logistics Bayonne sits on a waterfront peninsula in the heart of the Port of New York/New Jersey, offering a gateway to the entire East Coast corridor via water, land and air. Lincoln Logistics Bayonne is the closest-in development site to Global Container Marine Terminal, which is located just 800 feet away with direct access via a private roadway.