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Menlo Worldwide Leases 411,000 SF

MONROE TWP., NJ-The third-party logistics company will occupy the entire ProLogis-owned Center Point Distribution Center here.

By Eric Peterson | Updated on March 18, 2008

MONROE TWP., NJ-Menlo Worldwide Logistics has leased 411,000 sf, representing the entire Center Point Distribution Center at 25 S. Middlesex Ave. here. The San Mateo, CA-based Menlo Worldwide is a subsidiary of Con-Way Inc., and the company’s new regional distribution center is owned by ProLogis. Terms were not released.

“The decision to expand in this location was driven by the growth in our New Jersey multi-client warehouse services,” says Faith Ross, director of multi-client operations for Menlo Worldwide, a third-party logistics services provider. “ProLogis was able to provide a facility with the right size and location to meet the needs of our customers and enable us to effectively manage our growth. They have an understanding of the 3PL industry and the critical need to offer the seasonal flexibility that our customers need.”

“Menlo now leases nearly 1.8 million sf with us in nine locations worldwide,” says Paul Loosmann, SVP and Northeast regional director for ProLogis. The Denver-based company has its regional office in nearby Cranbury. “We hope to conduct more business with them as they continue to expand their footprint globally.”

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