Distributor of products serving the automotive and trucking industries relocating out of Dayton, NJ site to abuilding in Florence Township, developed by Black Creek Group
Lee & Associates of Eastern Pennsylvania has brokered a full-building lease with DNA Motoring for 300,700 square feet of space within 839 Railroad Avenue, a Class “A” warehouse situated in Florence Township, New Jersey that is expected to be completed before mid-year. Tony Rod, SIOR, Brian Knowles, SIOR and Patrick Lafferty II, each Principals with Lee & Associates of Eastern Pennsylvania represented the landlord, Black Creek Group, and Scott Mertz, SIOR, President of NAI Mertz Corporation represented the tenant in this transaction.
Headquartered in California, DNA Motoring provides a range of products serving the automotive and trucking industries including exhaust systems, lighting components, radiator and cooling systems and miscellaneous parts such as running boards and hitches. This represents the third state for distribution centers in the United States for the company, joining facilities in Texas and California. DNA Motoring expects to take occupancy of the building this summer.
Situated on 31 acres of land, 839 Railroad Avenue is equipped with 36-foot ceiling heights, 37 door doors, two grade level doors, and parking areas that accommodate 354 cars and 118 trailers. The column spacing of the layout is 50’ by 54’ and the office space will be built-to-suit to the tenant.
The building is adjacent to NJ Route 130 and is located less than one mile from Interstate 95 with immediate access to Interstates 276 and 295 and the New Jersey Turnpike. Philadelphia is less than 30 miles from the site, the Ports of Wilmington and Elizabeth are approximately 60 miles away and New York City can be reached in 70 miles.
“DNA Motoring continues to gain market share in the rapidly-growing automotive and trucking sectors, and this site will support its existing operations in New Jersey to supply products to dealerships and customers throughout the East Coast and Midwest sections of the country,” explained Tony Rod of Lee & Associates. “Black Creek Group’s vision to speculatively develop this best-in-class warehouse/industrial building was driven by the continued demand among end-users involved in the manufacturing, distribution and logistics sectors. The developer thoughtfully created a building with state-of-the-art design features that meet the modern-day needs of tenants, which was rewarded with the pre-leasing of the space by such a strong tenant.”
Black Creek Group is a leading real estate investment management firm that invests in institutional quality commercial real estate across the U.S. The firm manages diverse offerings across the industrial, multifamily, office and retail sectors – providing a range of investment solutions for both institutional and wealth management channels. Over its more than 25-year history the firm has bought or built over $23 billion of investments. As of December 31, 2020, the firm had a national footprint of 70.6 million square feet across 31 U.S. markets, including properties under control and development. Learn more at blackcreekgroup.com.
Lee & Associates of Eastern Pennsylvania is an affiliate of Lee & Associates, the largest broker-owned firm in North America with offices internationally.
About Lee & Associates of Eastern Pennsylvania
Lee & Associates of Eastern Pennsylvania began operations in May 2015 under the leadership of Principals Brian Knowles, CCIM, SIOR, and John Van Buskirk, SIOR. Long recognized individually as national leaders in the industrial real estate business, they have chosen to take their over 45 years of combined real estate experience in a new direction – as broker-owners of this new initiative. Lee & Associates of Eastern Pennsylvania is committed to providing market-leading research and support while remaining grounded in exceptional client service. For the latest news from Lee & Associates of Eastern Pennsylvania, follow us on Facebook, LinkedIn, Instagram and Twitter or visit us on the web at http://www.lee-associates.com/pennsylvania
About Lee & Associates
Celebrating more than 40 years of leadership excellence in commercial real estate, Lee & Associates is the largest broker-owned firm in North America with locations across the U.S. and Canada including California, Colorado, Arizona, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Maryland, Michigan, Missouri, Nevada, New Jersey, New York, North Carolina, Ohio, Pennsylvania, South Carolina, Texas, Toronto, Ontario, Vancouver BC and Wisconsin. With more than 800 brokers nationwide, Lee & Associates provides a wide range of specialized commercial real estate services on a local, regional and national level. For the latest news from Lee & Associates, visit lee-associates.com or follow us on Facebook, LinkedIn and Twitter.