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Scholastic Says Yes to Matrix Asset

ROBBINSVILLE, NJ-The publisher picked up warehouse and office space for a total of 96,000 square feet at Matrix's 400-acre, five-million-square-foot light industrial park.

By Alyson Grala | Updated on May 22, 2009

ROBBINSVILLE, NJ-Matrix Development Group has arranged a lease with Scholastic Book Fairs–the global children’s publishing, education and media outlet–at Northeast Business Park in Washington here. Scholastic will occupy 89,625 square feet of warehouse space and 6,175 square feet of office space at 14 Applegate Dr., a 241,662-square-foot industrial building within Northeast Business Park.

Located less than one mile from the Exit 7A interchange of the New Jersey Turnpike, 14 Applegate includes 26-foot clear height, trailer parking and an Early Suppression Fast Response fire suppression system. The facility’s close proximity to major freight-moving roadways in the Northeast provides direct routes to New York City, Port Elizabeth and Newark Airport and was a factor in Scholastic’s decision to pick up the space.

The facility also features modern racking, conveyor systems and state-of-the-art material handling equipment, Patrick J. Connelly, vice president of asset management for Matrix Development, tells GlobeSt.com. Aside from fulfilling Scholastic’s warehousing and distribution needs, the space will also be used for periodic sales for schoolteachers, administrators and purchasing agents.

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