J.G. Petrucci Company Breaks Ground on New Industrial Development
Posted on Nov 29, 2023 in Press
J.G. Petrucci Company, Inc. (Petrucci), one of the region’s leading development and design/build firms, recently broke ground at Gateway Flex Center, a 107,000 sq. ft. industrial development in Pedricktown, New Jersey.
The project sits on just over 8 acres in a prime industrial park, directly off Route 295, and is available for lease. The flex facility boasts 32-foot clear height, 69 car parking spaces, 22 door docks, and two drive-in doors Additionally, the project has received approval for Payment In Lieu Of Taxes (PILOT) tax abatements, providing financial incentives for tenants and fostering economic development in the region.
Iron Hill Construction Management, Petrucci’s in-house construction firm, is completing the site work and construction of the facility. The site will be pad-ready by the end of 2023, ready for vertical construction in January of 2024. John Gartland with Cushman & Wakefield has been enlisted as the exclusive listing agent, bringing extensive experience and expertise to the leasing process.
“Gateway Flex Center is a pad-ready site strategically located with direct access to Exit 7 of Rt 295. This particular location is surrounded by a deep skilled labor pool, providing businesses with access to a talented workforce. The development’s proximity to major transportation arteries ensures seamless connectivity, making it an attractive hub for companies seeking a prime location for their industrial operations,” stated John Gartland, Executive Managing Director at Cushman & Wakefield. Notable neighbors within the business park include Walmart, Goya, five Below, Premier Packaging, and UPS. For leasing inquiries, contact John Gartland at 856-324-8287 or Jonas Skovdal at 610-772-2005 or visit www.cushmanwakefield.com.