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Tuesday, April 7, 2026

JLL tapped to sell or lease solar-powered 278K-SF industrial asset Wall Township

As the “flight-to-quality” trend continues to tighten the New Jersey industrial market, JLL has been named the exclusive agent for a premier 277,806-square-foot facility at 1330 Campus Pkwy. in Wall Township.

Owned by SkyREM, the Class A asset is being marketed for both sale and lease, offering a rare “headquarters-style” opportunity in the increasingly crowded Monmouth County submarket. The property hits the market at a strategic time; JLL data shows New Jersey’s Class A industrial vacancy dropped to 6.5% in late 2025, even as new construction slowed to its lowest levels in seven years.

The facility is designed for high-capacity modern logistics, but its most striking feature is its energy profile. A massive on-site solar installation covers nearly 90% of the property’s electrical needs, a significant “green” incentive that JLL says will meaningfully reduce operating costs for the next occupant.

Key Specifications of 1330 Campus Pkwy:

  • Total Square Footage: 277,806 SF (including 33,300 SF of finished office space).
  • Vertical Clearance: 36- to 38-foot clear heights.
  • Loading Infrastructure: 25 loading docks, including four interior bays.
  • Parking & Logistics: 330 vehicle spaces and wide 58’ x 48’ column spacing.
  • Acreage: Situated on a sprawling 26.55-acre lot.

Located in the heart of one of the nation’s most active logistics corridors, the property offers a strategic alternative to the hyper-congested Port Newark and Elizabeth zones while maintaining rapid access to both.

“This solar-powered headquarters facility delivers the ideal combination of executive presence and operational efficiency,” said David Knee, Vice Chairman at JLL. “The Wall Township location offers outstanding accessibility while providing the professional environment forward-thinking organizations need.”

The site is backed by a deep regional labor pool, with more than 60,000 industrial workers living within a 30-minute commute—a vital metric for the light manufacturing and hybrid distribution users JLL expects to attract.

The retention of JLL’s Northeast Industrial team—led by David Knee, Gary Politi, and Christopher Hile—comes as the New Jersey market shows signs of further vacancy compression. Despite the broader economic shifts of early 2026, leasing activity remains robust, with over 43 million square feet transacted across the state in 2025.

With fewer new deliveries expected in the 2026 pipeline, JLL analysts suggest that 1330 Campus Pkwy represents a “durable value” for investors and a rare chance for users to secure a large-scale, high-functioning asset that is becoming increasingly difficult to replicate in coastal New Jersey.

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