(Read more on the industrial market.)

OLDMANS TWP., NJ-Matrix Development has completed the sale of 21 acres within its Gateway Business Park here, paving the way for construction of a 275,000-sf distribution facility by Garden State Freezers Inc. The project will kick off with construction of a 110,000-sf office and cold distribution storage facility, which will be followed at an unspecified date by a second phase of 165,000 sf of cold storage space.

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