PENNSAUKEN, NJ-Industrial Investments, Inc. of Blue Bell, PA, has signed a new lease with Polaris Logistics for 142,500 square feet at a building it owns here, about 15 minutes outside of Philadelphia.

Polaris, which is headquartered in Gloucester City, also just across the Delaware River from Philadelphia, will use the building for both warehousing and distribution. The structure is located at 500 Griffith Morgan Lane.

Tony Rod of The Flynn Company represented Polaris. Michael T. Bown, the project manager and principal of Industrial Investments, represented the company.

The Polaris Logistics Group offers warehousing nine cities in the United States and Canada. It offers clients assistance with managing inventory and will disassemble large shipments and re-assemble and re-package them into smaller orders.

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