D2 Harding Highway LLC said has acquired 965 Harding Highway, a 76-acre, fully entitled industrial development site in Carneys Point.
The acquisition was supported by a $7.5 million bridge loan arranged by D2 Capital Advisors ‘Jack Cortese, David Frankel, John Lightcap the capital advisory affiliate of the D2 Organization which is an affiliated firm
The loan, provided by Toronto-based debt fund Romspen, will finance the acquisition and pre-development costs of the strategically located site, which is approved for two Class A warehouse facilities totaling 476,300 square feet.
Building 1 will span 315,700 SF, while Building 2 will offer 160,600 SF, both designed to institutional standards with 65-foot exterior building heights, 120 trailer parking stalls, and 361 parking spaces. The project also benefits from a PILOT tax incentive from the State of New Jersey.
“Given our in-house development experience, understanding who is actively and efficiently lending on land has always been a priority for us,” Jack Cortese, vice president at D2CA said. “That insight gives all of our clients a competitive edge and helps us deliver bridge and land capital with certainty and speed.”
The site, brokered by Christy Myers and Don Redfield of American Dream Realty of South Jersey, is ideally located just off Exit 4 of Interstate 295, with seamless connectivity to the New Jersey Turnpike, Delaware Memorial Bridge, and the broader Northeast and Mid-Atlantic distribution corridors.
The location offers next day reach to 38% of the U.S. population, positioning it as a premier logistics hub within 30 minutes of Philadelphia, South Jersey, and Northern Delaware, and under 2 hours from NYC, Baltimore, and Washington, D.C.
“We continue to believe in the long-term fundamentals of the Southern New Jersey industrial market,” Keith Delaney, president and CEO of D2 Organization said. “This site builds on our proven track record in the region and adds to our growing pipeline of uniquely positioned, high-demand industrial assets.”
“This site offers the infrastructure, entitlements, and location that top-tier users and institutional investors are looking for,” Cortese added.
The site is surrounded by a growing cluster of major national and global companies. Immediate neighbors include Amazon, Trek, Omni Logistics, and Rivian. The broader market is also home to logistics and distribution centers for Walmart, UPS, Goya, Five Below, Americold, and Target, underscoring the region’s strength as a strategic hub for e-commerce and supply chain operations.
The Southern NJ / Eastern PA region is now the second-largest big-box warehouse market in North America, driven by a combination of institutional demand, supply constraints, and robust rent growth.
