New Jersey Turnpike Exit 8A:
Warehouse and Distribution Hub of the Northeast
Exit 8a Quick Facts
Total Square Footage:
Over 70,000,000 Square Feet of Industrial Warehouse, Distribution, and Manufacturing Space.
Strategic Location:
Strategically located 35 miles South of Port Newark/Elizabeth.
Within 45 Minutes of New York City.
Equidistant between Washington DC and Boston.
130 Million consumers are within a one-day drive.
New York City- 45 Miles
Newark International Airport- 35 Miles
Philadelphia- 50 Miles
Albany- 180 Miles
Washington DC- 187 Miles
Boston- 265 Miles
Turnpike Exit 8a Market Towns Include:
Cranbury
Monroe
South Brunswick
Dayton
Jamesburg
Average Lease Rates:
Modern Class A Industrial Warehouse and Distribution Space (32 Ft. Clear and above) is available for lease approximately $4.50 – $5.25 per square foot base rent.
Older generation Industrial Warehouse, Distribution, and Manufacturing Space (20-28 Ft. Clear) is available for lease approximately $3.75 – $4.25 per square foot base rent.
The average Tax/CAM figure ranges from $1.20 – $1.50 per square foot
Average Sale Prices:
Modern Class A Warehouse and Distribution space is available for sale in the $60 – 70 per square foot range.
Older generation Industrial Warehouse, Distribution and Manufacturing space is available for sale in the $45 – 55 per square foot range.
Ceiling Height, Loading, Office Area, Esthetics vary greatly and all contribute, on a case by case basis to specific valuation.
Corporate Neighbors:
Home Depot
William Sonoma
LG Electronics
VW Audi
Barnes and Noble
Crate and Barrel
Canon
Pearson Education
Helpful Links:
The Port Authority of NY/NJ – http://www.panynj.gov/
Featured Properties
Have a Specific Requirement to Purchase or Lease a Building? Call or E-mail Us to Discuss.
With Over 30 Years Experience in the NJ Turnpike Exit 8A Market- We’ll Track Down the Building You Are Looking For.
Bill Hettler
Broker of Record
732.738.8888
wjhettler@logisticrealty.com