F&S Produce has a longstanding manufacturing presence in Southern New Jersey including two production facilities in Rosenhayn, NJ, as well as a trucking operation and freezer warehouse. “I was happy with how the Cushman & Wakefield team conducted themselves. They were very professional and communicative in addressing our needs as well as the seller's needs,” says Sam Pipitone, F&S Produce president and CEO.

“This significant facility sale to F&S Produce represents a successful outcome of job retention and economic growth in the City of Vineland and for the state of New Jersey,” said managing director Matthew Marshall, who represented the seller with Brian Hilger of Cushman & Wakefield's Philadelphia office supported by Gerry Blinebury of the Harrisburg office. The New Jersey Economic Development Authority recognized the importance of F&S Produce's move to job creation and retention in the region with $21.7 million in state tax credits. According to the economic development organization Choose New Jersey, the Garden State is home to a $105 billion food industry and agriculture sector that continues to grow, with 1,900 food manufacturing companies employing nearly 44,000 people in total and, earning New Jersey Saveur magazine's moniker of “most edible” state in America.

Cushman & Wakefield's overall portfolio of work on behalf of food manufacturers and cold chain facilities in southern New Jersey continues to grow, generating more than 1.5 million square feet in sales and leasing activity in the region during the past 12 months. “In the era of healthy diets and farm-to-table dining, we see sustainably grown food, process manufacturing and cold chain logistics returning as a major economic engine for the Garden State,” Marshall says.