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.

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