Foundation work is underway at the site of a spec warehouse building at Lincoln Logistics Bayonne, marking another groundbreaking at the redevelopment of the 153-acre former Military Ocean Terminal property, according to a Thursday announcement. This significant milestone introduces Lincoln Logistics Bayonne’s final leasing opportunity — one suited for e-commerce and last-mile delivery providers.
Developer Lincoln Equities Group anticipates a year-end delivery for the 330,000-square-foot structure, which has five acres set aside for parking; Cushman & Wakefield is marketing the property. The new spec structure neighbors an 886,000-square-foot build-to-suit warehouse, also under construction, which will serve as a regional hub and package distribution center for UPS.
“Lincoln Logistics Bayonne represents the largest infill industrial redevelopment in the New York Metro Area,” Lincoln Equities Group President Joel Bergstein said. “Upon completion, these two state-of-the-art warehouse and distribution facilities will fulfill our vision of designing a modern portside distribution center that offers an unparalleled gateway to the entire East Coast Corridor via water, land and air.”
Situated on a waterfront peninsula in the heart of the Port of New York/New Jersey, Lincoln Logistics Bayonne is the closest development site to Global Container Marine Terminal, which is located 800 feet away with direct access via a private roadway.
Just five miles from Manhattan and nine miles from Newark Liberty International Airport, Lincoln Logistics Bayonne provides robust roadway ingress/egress via the New Jersey Turnpike (new Exit 14A interchange), Interstate 78 and Route 440. Public transportation, including New Jersey Transit’s Hudson-Bergen Light Rail and Ferry Service (coming soon), is easily accessible to employees and visitors.