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ASBURY, NJ, JANUARY 21, 2010--- J.G. Petrucci Co., Inc. (JGPCO), one of the New Jersey and Pennsylvania region’s most respected development and design/build organizations, announced that the Planning Board for the Township of South Brunswick, New Jersey, at its December 2009 meeting, granted the company’s proposed facility at 15 Stults Road both Preliminary and Final Site Plan Approval. The property is situated within South Brunswick’s I-3 Zone.
JGPCO’s approved site plan calls for a 63,506 square foot warehouse structure on the 5.04-acre site which is located at the corner of Route 130 in the heart of the Exit 8A Industrial Market. Of the total size, 5,921 square feet will be dedicated to office use, while the remaining 57,585 square feet will be warehouse and distribution space.
Other key building features include 34’ clear ceiling heights, an ESFR sprinkler system, 10 tailgates, pre-cast concrete construction and state-of-the-art industrial features. The property is being offered for lease or sale through Colliers Houston of Somerset, New Jersey. The Colliers Houston team consists of Michael G. Markey, Senior Vice President, Jonathan B. Tesser, SIOR, Senior Vice President, Adam D. Citron, Senior Associate and Chad Hillyer, Associate.
Greg Rogerson, a Principal with JGPCO, stated, “15 Stults Road offers occupiers a unique opportunity just one mile from the New Jersey Turnpike’s Exit 8A. When built, it will be one of the few blocks of available space in its size range, enabling smaller users the presence and security that can only be afforded by a single tenant facility.”
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About J.G. Petrucci Co., Inc.
J.G. Petrucci Co., Inc (“JGPCO”) is a fully integrated, privately-held commercial real estate organization with more than 22 years experience in the design/build, development, re-development and acquisition of industrial, office, healthcare, retail, multi-family and other properties. The company’s portfolio also comprises a broad range of brownfield and adaptive reuse projects, as well as expertise in green building. In addition, JGPCO is recognized as a leader in both the New Jersey and Pennsylvania markets with a client and tenant roster that includes organizations such as Merrill Lynch, Weyerhaeuser Co., Federal Express, Cryovac/Sealed Air, Gargiulo Produce, St. Luke’s Hospital & Health Network, Flemington BMW and Synchronoss Technologies, among others. JGPCO presently holds an investment portfolio of over 3 million square feet of prime industrial, retail and office space. The firm is based in Asbury, New Jersey and also maintains offices in the Lehigh Valley, Pennsylvania. For additional information about J.G. Petrucci Co., Inc., please visit our website at www.jgpetrucci.com.
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