SOUTH BRUNSWICK, NJ—Dermody Properties and AEW Capital Management were joined by South Brunswick Mayor Frank Gambatese, for the groundbreaking of LogistiCenter Exit 8A, a 308,276-SF industrial facility in South Brunswick, NJ.
AEW is partnering in the development on behalf of AEW Partners VII LP, an opportunistic real estate fund. Jules Nissim and Marc Petrella of Cushman & Wakefield are marketing the property.
The facility will feature 36 feet of clear height, 66 car parking spaces and 59 trailer parking spaces. When completed in February 2015, the property will feature energy efficient lighting, 35,000-lb dock levelers and office space.
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