Woodmont Industrial Partners, in partnership with Sagard Real Estate, has officially broken ground on the redevelopment of a 25-acre industrial site located at 349 & 389 New Brunswick Ave. in Rahway. The project marks a significant investment in the region’s logistics infrastructure, replacing an obsolete 212,000-square-foot facility with two high-efficiency, Class-A warehouse buildings.
As demand for sophisticated logistics space continues to outpace supply in Northern New Jersey, this redevelopment aims to provide the flexibility and capacity modern distribution companies require. The project, which is scheduled for completion in the first quarter of 2027, will introduce two distinct state-of-the-art facilities:
- Building One: 201,000 square feet of warehouse space and 3,000 square feet of office space, featuring a 36-foot clear height, 41 dock doors, and two drive-in doors.
- Building Two: 76,000 square feet of warehouse space and 2,500 square feet of office space, featuring a 40-foot clear height, eight dock doors, and one drive-in door.
“Northern New Jersey’s strong fundamentals continue to support demand for modern logistics space,” Camila Grello, managing director of Asset Management at Sagard Real Estate said. “We believe this redevelopment will be very well received.”
The Rahway site is positioned to serve as a critical link in the Northeast distribution network. Its location near Route 35, the Garden State Parkway, and the New Jersey Turnpike provides seamless connectivity to major regional hubs, including Port Newark/Elizabeth and Newark Liberty International Airport, both of which are within a 30-minute drive.
Rahway Mayor Raymond Giacobbe praised the project for its role in local economic revitalization. “We are pleased Woodmont acquired this site and is moving forward with cleaning up what was previously a challenging site,” he said. “We are confident this tremendous location will be professionally redeveloped… and be very popular in the market.”
This project adds to a period of aggressive expansion for Woodmont Industrial Partners. Over the past year, the firm has advanced its portfolio—which now totals approximately 7.2 million square feet across New Jersey, Pennsylvania, and Florida—through several strategic moves, including the recent completion of a 152,100-square-foot property in South Amboy and the acquisition of a 30.6-acre site in Franklin Township.
Anthony Amadeo, executive vice president of Woodmont, emphasized that the Rahway project is a direct response to current market dynamics. “This site gave us an exceptional opportunity to deliver new industrial space in a corridor where demand is outpacing supply,” he said. “We’re proud to redevelop this property and revitalize the area with our long-term partner, Sagard.”
