In another huge win for ecommerce and warehousing in the state – and jobs in South Jersey – a California-based company last week signed a lease to take the entire 1.2 million-square-foot Box Park Logistics Center in Cinnaminson.
Performance Team, which was acquired by global shipping giant Maersk in 2020, is expected to hire at least 1,000 employees to work at the property, which has 40-foot ceilings, 215 dock doors, 216 trailer parking spaces, and 549 parking spaces.
The building, which went up in 2023, can expand to 1.5 million square feet.
Mark Glagola, a senior vice president at Logistics Property Company, was thrilled by the news.
“This project, in size alone, was a tremendous undertaking,” he said. “We are grateful to the teams who worked on the project, including our general contractor, FCL, our brokerage team at Cushman & Wakefield, and Cinnaminson Township.”
Glagola and J.C. Hay, Senior Vice President of Asset Management, worked with Cushman & Wakefield’s John Gartland, Jonas Skovdal, Bill Waxman, Mindy Lissner, and Sean Duncan in the leasing.
Eric Demmers of NAI Hanson served as the tenant representative.