GLASSBORO, NJ—Liscio's Bakery, encouraged by $13.5 million in Grow New Jersey tax incentives, is nearly tripling its manufacturing facilities in Glassboro with the acquisition of a 107,364-square-foot industrial building formerly owned by Archer Daniels Midland at 600 Ellis Street in Glassboro, NJ. NAI Mertz brokered the sale, with Scott Mertz, SIOR, principal, representing ADM in the transaction. Liscio's was represented independently.
“We are pleased to welcome Liscio's Bakery to this outstanding facility in Glassboro,” says Mertz. “Moreover, we are thrilled that through our commitment to keeping business in New Jersey, and the outstanding incentives programs offered by our administration, that Liscio's will continue to call New Jersey home and bring new jobs to our state.”
The transaction nearly triples the size of Liscio's current manufacturing facility on Delsea Drive in Glassboro. While considering a move to Philadelphia, the company received $13.5 million in “Grow New Jersey” tax incentives from the New Jersey Economic Development Agency.
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Steve Lubetkin
Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].
