1.23M TOTAL SF STATE-OF-THE-ART LOGISTICS PARK - Delivering April 2022 - HRP Mercer Logistics Park
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
±1.23M TOTAL SF
STATE-OF-THE-ART LOGISTICS PARK
Delivering April 2022
www.hrpmercer.com
Opportunity Overview
HRP Mercer Logistics Park, currently under development by Hilco Redevelopment Partners, is comprised of two 40’
clear sustainable warehouse/distribution buildings, measuring 846,078 SF and 384,895 SF, respectively, both located
within a state of the art, master-planned logistics park. Strategically located in the heart of the Northeast Corridor at the
I-195/I-295 interchange, HRP Mercer Logistics Park is also under 10 miles from Exits 7 and 7A of the New Jersey Turnpike.
This state-of-the-art development will access over one-third of the nation’s population and has near proximity to the
region’s significant seaport and airport infrastructure.
www.hrpmercer.com | 2
Development Specifications 30-YEAR
BUILDING 1
PILOT*
Fixed Tax Abatement
BUILDING SIZE 846,078 SF
OFFICE SPACE ±15,000 SF
CEILING HEIGHT 40’ clear
DIMENSIONS 1,410’ x 600’
COLUMN SPACING 55’ x 57’6” (70’ speed bays)
LOADING 98 (9’ x 10’) doors (expandable to 169)
DRIVE-INS 4 (12’ x 14’) drive-ins
FORMAT cross-dock
TRAILER PARKING 282 stalls
CAR PARKING 870 spaces
SPRINKLERS ESFR
POWER 3,000 amps
BUILDING 2
BUILDING SIZE 384,895 SF
OFFICE SPACE ±8,000 SF
CEILING HEIGHT 40’ clear
DIMENSIONS 1,250’ x 340’
COLUMN SPACING 50’ x 52’ (70’ speed bays)
LOADING 67 (9’ x 10’) doors (expandable to 116)
DRIVE-INS 2 (12’ x 14’) drive-ins
FORMAT cross-dock
TRAILER PARKING 186 stalls
CAR PARKING 279 spaces
SPRINKLERS ESFR
POWER 3,000 amps
*Payment In Lieu of Taxes/Long Term Property Tax Abatement
The property tax abatement is provided in the form of annual payments in Lieu of Taxes (PILOT)
and the term has been negotiated with the municipality.
www.hrpmercer.com | 3
www.hrpmercer.com | 4
Master Planned Development 243 CAR SPACES
70 CAR SPACES
The master-planned industrial Park
offers ultimate flexibility to be able
to meet the needs of industrial
tenants of various sizes. 600’
57’6”
23 LOADING DOORS (EXPANDABLE)
55’
383 CAR SPACES
50 LOADING DOORS (EXPANDABLE)
114CAR SPACES
BUILDING 1
1,410’
72 TRAILER STALLS
10 TRAILER STALLS
846,078 SF
25 LOADING DOORS (EXPANDABLE)
46 TRAILER STALLS
40’ CLEAR HEIGHT
25 LOADING DOORS (EXPANDABLE)
165 CAR SPACES 36 TRAILER STALLS
BUILDING 2
340’
384,895 SF 40’ CLEAR HEIGHT
50’
52’
1,250’
23 LOADING DOORS (EXPANDABLE) 19 LOADING DOORS (EXPANDABLE)
239 CAR SPACES
91 TRAILER STALLS
www.hrpmercer.com | 5
40’
CLEAR
www.hrpmercer.com | 6
High-Capacity Cube Storage
BUILDING 1 BUILDING 2
864,078 SF 384,895 SF
22” 34,563,120
CUBIC FEET
11%
MORE
PRODUCT
99,816 20%
PALLETS MORE
15,395,800
CUBIC FEET
11%
MORE
PRODUCT
39,012 21%
PALLETS MORE 40’
STORAGE PALLETS STORAGE PALLETS CLEAR
31,106,808
CUBIC FEET 67%
82,876
PALLETS
13,856,220
CUBIC FEET 67%%
32,368
PALLETS 36’
MORE
104% MORE
104% CLEAR
PRODUCT MORE PRODUCT MORE
STORAGE PALLETS STORAGE PALLETS
20,737,872
CUBIC FEET
48,996
PALLETS
9,237,480
CUBIC FEET
19,080
PALLETS
24’
CLEAR
With 40’ clear heights, HRP Mercer Industrial
Park offers maximum storage capacity for
tenant’s businesses who need to service the
Northeast corridor.
5’-8”
www.hrpmercer.com | 7
Labor and Population
HRP Mercer Logistics Park offers premier access to a dense
labor pool of over 112,000 transportation/Warehouse workers
with in a 30 mile radius.
10 MILES:
• Total Population: 527,091
• Transportation/Warehouse workers: 12,653
• Total Labor Force: 283,607
• Median Household Income: $77,399
• Median Warehouse related Hourly Wage: $14.65
(US Average is $14.05)
20 MILES:
• Total Population: 1,631,957
• Transportation/Warehouse workers: 39,190
• Total Labor Force: 862,727
• Median Household Income: $80,283
• Median Warehouse related Hourly Wage: $14.11
(US Average is $14.05)
30 MILES:
• Total Population: 4,792,678
• Transportation/Warehouse workers: 112,293
• Total Labor Force: 2,480,284
• Median Household Income: $71,166
• Median Warehouse related Hourly Wage: $13.92
(US Average is $14.05)
www.hrpmercer.com | 8ALLENTOWN
ILES
30
M AMPLE
NEW
LABOR SUPPLY
EDISON
HOPE
ILES
M SAYREVILLE
20
PRINCETON
ILES MONROE
M
10 CRANBURY
LONG BRANCH
FREEHOLD
TRENTON
HOWELL
LEVITTOWN
FLORENCE
NEW
HANOVER
PHILADELPHIA 0 laborers per sq mi
TOMS RIVER
CHERRY
HILL
24 laborers per sqmi
DEPTFORD
www.hrpmercer.com | 9Location Advantage
The site is located in Hamilton Township, Mercer County, New Jersey; comprised of 132 acres and is easily accessible
via US-1 N to Lamberton Road, then taking the South Lamberton Road Exit from NJ-29 South. The premier location
provides the ability to serve as a strategic regional distribution hub for the I-95 Northeast corridor including the
Philadelphia and New York City MSAs.
D
ROA
ON
B ERT
LAM
LA
MB
ER www.hrpmercer.com | 10
TO
N RO
AD3.2 MI 4.2 MI 9.5 MI 9.8 MI 36.3 MI 65.0 MIStamford
57.9 MIWhite Plains
I-295 State NJ Turnpike NJ Turnpike City of Port Newark/ New York
Exit 60 Route 1 Exit 7 (via I-295) Exit 7A (via I-195) Philadelphia Elizabeth Greenwich
City
Wayne
Yonkers
Clifton Hunti
ES
MIL
50
Jersey NEW Bronx
Hackettstown Morristown
City YORK
PORT CITY Hempstead
NEWARK/
ELIZABETH Queens
Bayonne
Bethlehem Brooklyn
Staten
MILES Woodbridge
Island
Allentown 30
Bridgewater
Piscataway
Hopewell Middletown
Princeton Old Bridge
S
MILE
10
Trenton
EXIT 7A
Howell
Abington Jackson
Bensalem EXIT 7
Brick
PHILADELPHIA Plumsted Toms River
www.hrpmercer.com | 11Institutional Ownership For more information, visit: www.hilcoredev.com.
www.hrpmercer.com
Exclusive Leasing NATE DEMETSKY BRIAN GOLDEN DAVID KNEE
Executive Managing Director Executive Managing Director Vice Chairman
+1 609 672 3163 +1 732 590 4169 +1 201 528 4440
nate.demetsky@am.jll.com brian.golden@am.jll.com david.knee@am.jll.com
Although information has been obtained from sources deemed reliable, JLL does not make any guarantees, warranties or representations, express or implied, as to the completeness or accuracy as to the information
contained herein. Any projections, opinions, assumptions or estimates used are for example only. There may be differences between projected and actual results, and those differences may be material. JLL does not
accept any liability for any loss or damage suffered by any party resulting from reliance on this information. ©2020. Jones Lang LaSalle IP, Inc. All rights reserved.You can also read
