Newmark appointed as exclusive leasing agent for 429K sq. ft. industrial property in Lumberton

Newmark has been named the exclusive leasing agent for LogistiCenter at Lumberton, a newly constructed 429,200-square-foot industrial asset in Lumberton Township.

Newmark Senior Managing Directors Kurt Montagano and Kyle Eaton and associate Connor Montagano are leasing agents for the property on behalf of ownership, Dermody Properties.

Located at 1775 Route 38, the property sits on 39.75 acres and is strategically designed to meet the region’s growing demand for Class A warehouse and distribution facilities.

The state-of-the-art, LEED-certified building offers a range of features tailored to optimize logistics operations, including 36-foot clear height, 58 dock doors (9-foot-by-10), 56 trailer stalls, 172 future stalls approved, an ESFR sprinkler system, tilt wall construction, LED lighting and built-to-suit office space (with 2,450 square feet existing).

“LogistiCenter at Lumberton offers unmatched connectivity and operational efficiency for businesses seeking a best-in-class logistics or distribution facility,” Montagano said. “The property’s advanced features and strategic location position it as a strong choice for companies looking to reach over one-third of the U.S. population within a day’s drive. Two interchanges on the New Jersey Turnpike (exits 5 and 7) are easily accessible from the Route 38 location.”

The facility is part of Dermody Properties’ national LogistiCenter brand, which represents the firm’s commitment to developing Class A logistics facilities that cater to the evolving needs of leading companies. All LogistiCenter properties are designed to meet best practices in sustainable construction with key features such as increased clear heights and enhanced parking options.

In recent years, Burlington County has emerged as a prime logistics hub, attracting notable companies such as Walmart, Amazon, Mitsubishi Logistics, Trane, Eaton Corp, Veritiv, Grainger and Sunbasket. This cluster of leading brands underscores the region’s proven value for supply chain and distribution activities along the Interstate 95 corridor.