HomeReal Estate & DevelopmentMapletree breaks ground on 250,000-square-foot industrial facility in Westampton Township

Mapletree breaks ground on 250,000-square-foot industrial facility in Westampton Township

Mapletree Investments Pte Ltd, a Singapore-based real estate developer focused on sustainability, said July 25 that it has broken ground for its 250,000-square-foot industrial facility in Westampton Township.

The property is on a 22.5-acre site at 1960 Burlington-Mount Holly Road. The project is scheduled for completion in the second quarter of 2026. Mapletree bought the property for an undisclosed price last December. This is the Singapore company’s first development in New Jersey, though it owns industrial assets within the state.

“Today’s groundbreaking is a major step for Mapletree’s development platform as we continue to expand our pipeline nationwide,” said Richard Prokup, chief executive officer, U.S., Mapletree. “We see strong, long-term value in the industrial sector, where development plays an essential role in our growth strategy.”

Chiagorom Osu, head of U.S. Logistics Development at Mapletree, added: “We’re proud to continue expanding Mapletree’s U.S. logistics footprint with a development that delivers not only modern specifications and high functionality, but also incorporates sustainability features designed to meet the evolving needs of today’s occupiers.” 

Osu said that once the project is completed, the facility will achieve LEED Silver certification, have 36-foot clear height, 44 dock doors, two drive-in doors, 150 parking spaces, 62 trailer stalls, electric-vehicle charging infrastructure, LED lighting, solar ready roof and smart meters.

The planned facility is located near the New Jersey Turnpike’s Exit 5 interchange and less than two miles from Interstate 295. Mapletree is positioning the facility to serve as a distribution and last-mile delivery hub in one of New Jersey’s most strategic logistics corridors.

Blue Rock is leading construction effort while JLL will oversee the property’s leasing efforts.

Mapletree first entered the U.S. real estate market in 2014 and owns more than 907,000 square feet of industrial assets in New Jersey. The company has built a portfolio spanning logistics, data center, office, student housing and multifamily properties. As of March 31, 2025, the U.S. market accounted for about 25% of its total assets under management, valued at about $60.1 billion.
 

Related Articles

NAI James E. Hanson hire of Kretowicz as senior vice president boosts health care practice

Commercial real estate firm NAI James E. Hanson said on March 20 that Kim Kretowicz was hired as senior vice president and was designated...

Saddleback Real Estate Developers announces almost 100,000 square feet of industrial leasing in Northern New Jersey

Saddleback Real Estate Developers, a New Jersey-based owner and developer specializing in industrial real estate, announced a series of leasing transactions totaling 96,535 square...

Cushman & Wakefield arranges $136M refinancing for Modera Lofts in Jersey City

Cushman & Wakefield said it has arranged $136 million in refinancing for Modera Lofts, a 366-unit multifamily property in downtown Jersey City, in a...

NJ Transit to host Industry Day for real estate opportunities

NJ Transit announced that it will host Industry Day, an open house networking event on April 21, for real estate developers, commercial real estate...

Farias named executive director and CEO of NJ Redevelopment Authority, succeeding Anderson

The New Jersey Redevelopment Authority (NJRA) board voted on March 16 to appoint Rose Farias as NJRA executive director and chief executive officer, effective...

CBRE arranges sale of Eastpoint at Exit 8A in Monroe Township

CBRE announced that it has arranged the sale of Eastpoint at Exit 8A, a 450,330-square-foot industrial facility centrally located between New York City, Philadelphia...

Latest Articles

Porzio Bromberg adds ex-Homeland Security counsel d’Agincourt to employment, education team

Porzio, Bromberg & Newman, P.C., a multidisciplinary law firm, said March 19 it added Gregory V. d’Agincourt as an attorney on the firm’s employment...

Rutgers Business School revamps MBA in professional accounting

Rutgers Business School announced that it has revamped its graduate degree in professional accounting to equip students with the skills demanded by an industry...

NAI James E. Hanson hire of Kretowicz as senior vice president boosts health care practice

Commercial real estate firm NAI James E. Hanson said on March 20 that Kim Kretowicz was hired as senior vice president and was designated...

B&G Foods completes deal for College Inn and Kitchen Basics brands

B&G Foods Inc. announced on March 19 that it has completed the acquisition of the broth and stock business of Del Monte Foods Corporation...

Rowan University opens new Virtua Health College Research Center

Rowan University marked a major milestone in its research enterprise as leaders from Rowan, Virtua Health and local government gathered to cut the ribbon...

ROI-NJ: Women of Inspiration – Dina Opici, president, Opici Family Distributing

A family tradition When Dina Opici enters the building and heads for her office at Opici Wines & Spirits in Glen Rock, New Jersey, she represents the fourth generation of the...

Latest Articles

Porzio Bromberg adds ex-Homeland Security counsel d’Agincourt to employment, education team

Porzio, Bromberg & Newman, P.C., a multidisciplinary law firm, said March 19 it added Gregory V. d’Agincourt as an attorney on the firm’s employment...

Rutgers Business School revamps MBA in professional accounting

Rutgers Business School announced that it has revamped its graduate degree in professional accounting to equip students with the skills demanded by an industry...

NAI James E. Hanson hire of Kretowicz as senior vice president boosts health care...

Commercial real estate firm NAI James E. Hanson said on March 20 that Kim Kretowicz was hired as senior vice president and was designated...

B&G Foods completes deal for College Inn and Kitchen Basics brands

B&G Foods Inc. announced on March 19 that it has completed the acquisition of the broth and stock business of Del Monte Foods Corporation...

Rowan University opens new Virtua Health College Research Center

Rowan University marked a major milestone in its research enterprise as leaders from Rowan, Virtua Health and local government gathered to cut the ribbon...