Hillwood, Brookfield Acquire Distribution Center at 200 Birch Creek Road in Southern N.J.

NEW JERSEY—Hillwood Investment Properties, a Perot company, in partnership with Brookfield Asset Management, has acquired a 600,000-sq.-ft., Class A bulk distribution building located in Southern New Jersey.

“Hillwood is proud to partner with Brookfield in the acquisition of another Class A warehouse facility,” said Tom Fishman, Hillwood’s executive vice president of acquisitions.

Developed in 1991, the property provides cross-dock loading with a depth of 460-ft., 25-ft. ceiling heights, an ESFR sprinkler system and 42-ft. by 42-ft. column spacing with 60-ft. speed bays, spacious truck courts of 122 ft. to 185 ft., 91 trailer stalls, full circulation and the potential for future rail access.

In addition, 200 Birch Creek includes a flexible warehouse design that can be expanded to accommodate users as large as 770,000 sq. ft.

Located in Pureland Industrial Park, 200 Birch Creek is less than two miles from Exit 10 of I-295 and provides access to the northeast distribution corridor serving New York, Northern New Jersey, Philadelphia, Delaware, Baltimore and Washington, D.C. metro areas.

Please or Register to post comments.

Latest poll

Total CMBS Issuance Volume

There has been $30.3 billion in new CMBS issuance to date in 2013, according to Commercial Mortgage Alert. That puts the industry on pace to smash last year’s volume of $48.4 billion and will make 2013 the busiest year for CMBS issuance since 2007. Where do you think total CMBS issuance volume will end up in 2013?

 

Newsletter Signup

NREI Daily Regional Newsletters

Connect With Us
National Real Estate Investor Related Sites