Prologis, the global leader in logistics real estate, was joined by area leaders, to kick off leasing for a 574,480-square-foot logistics facility centrally located at 198 Democrat Road in East Greenwich, Gloucester County, across the river from Philadelphia.
The facility will help strengthen the region’s supply chains and potential tenants are expected to generate high-quality jobs, joining the ranks of other vital employers in the area, including chocolatier Barry Callebaut, Burlington Coat Factory and Target.
The state-of-the-art facility offers key sustainability and resiliency features, including two ponds to help with stormwater runoff. The facility has also achieved a sustainability certification of LEED Silver. Built to cater to a range of businesses with various needs, the spacious new hub offers 40-foot clear heights and includes LED motion-sensor lighting, in addition to 5,000 square feet of office. With immediate access to I-295 and Route 130, the building is less than 20 miles from the Port of Philadelphia and Philadelphia International Airport.
“This development is a testament to the power of collaboration between our community and Prologis,” said Mayor Jim Philbin. “We look forward to seeing the positive impact this investment will have on East Greenwich’s economy.”
“We are thrilled to celebrate the completion of this modern, sustainable logistics facility with the East Greenwich community,” said Mike Sacro, SVP and market officer at Prologis. “Facilities like this one are critical to communities, ensuring the efficient delivery of goods for businesses and residents, supporting the local economy and creating new jobs.”
Prologis is an experienced real estate company with a long-standing presence in New Jersey, serving the business community for nearly 30 years. Each day, it supports approximately 250 companies operating in the state by developing modern, sustainable logistics facilities that enable them to operate efficiently and expand their businesses. Prologis’ approximately 190 facilities in New Jersey are home to 52,400 jobs, serving as important employment hubs, strengthening the local economy and augmenting the city’s tax base.
