Netflix, which will move into the new space at 220 Bordentown Hedding Rd. on May 1, was drawn to the business park's strategic location and proximity to its current workforce as well as the Hamilton/Trenton Post Office. According to CBRE's Q1 Greater Philadelphia industrial report, rental rates in Burlington County are $3.38 a square foot.

"Given the requirement for a modern facility, Central Crossings provides Netflix with the opportunity to implement high-tech sorting equipment further validating that regional and national companies are constantly looking for state-of-the-art facilities even in an economic downturn," Harry Kantor, president and CEO of KOR, tells GlobeSt.com.

CBRE's Southern New Jersey industrial brokerage team of Bill Goodwin, executive vice president, and Daniel McGovern, senior associate, represent KOR as the exclusive leasing agent, while senior vice presidents Jeff Black and Bob Sticht of Grubb & Ellis represented the tenant. "Central Crossings offers flexible occupancy options that range from a standard lease to full condominium ownership," says Goodwin. "In a submarket with many second and third generation buildings, no other business center can match this level of quality or flexibility."