Gateway Business Park 2 Gateway Blvd 705,000 SF of 5-Star Industrial Space Available in Pedricktown, NJ 08067
HIGHLIGHTS
- 2 Gateway Boulevard is a state-of-the-art warehouse facility offering an efficient cross-docking layout and strategic access to Interstate 295.
- Capitalize on annual operating cost savings per square foot through 2036 and fixed real estate taxes as part of a long-term PILOT program agreement.
- Enjoy Straughns Mill-Pedricktown Road frontage with 194 trailer parking spaces (expandable to 244) and 166 auto parking spaces (expandable to 246).
- Seamlessly execute all logistic and distribution operations with 99 dock-loading doors, four drive-in doors, and ceilings with a 36-foot clear height.
- Positioned near Walmart, Goya Foods, and UPS distribution hubs, with a skilled labor force of nearly 30,000 warehouse workers within 10 miles.
FEATURES
ALL AVAILABLE SPACE(1)
Display Rent as
- SPACE
- SIZE
- TERM
- RENT
- SPACE USE
- CONDITION
- AVAILABLE
SF can be divisible
- Includes 11,000 SF of dedicated office space
- 99 Loading Docks
- 4 Level Access Doors
| Space | Size | Term | Rent | Space Use | Condition | Available |
| 1st Floor | 705,000 SF | Negotiable | Upon Application | Industrial | Partial Build-Out | Now |
1st Floor
| Size |
| 705,000 SF |
| Term |
| Negotiable |
| Rent |
| Upon Application |
| Space Use |
| Industrial |
| Condition |
| Partial Build-Out |
| Available |
| Now |
PROPERTY OVERVIEW
Located at 2 Gateway Boulevard in the prestigious Gateway Business Park, this 705,000-square-foot Class A cross-dock warehouse offers modern, efficient industrial space in Pedricktown, New Jersey. Constructed in 2016, this state-of-the-art facility is just a half-mile from Interstate 295 access at Exit 7, ensuring excellent logistics and distribution operations connectivity. Designed for optimal efficiency, the warehouse features a 470-foot depth, a 36-foot clear height, an ESFR sprinkler system, energy-efficient LED lighting, and 4,000 amps of electric power. There are also 99 dock-loading doors, potentially expanding to 177, and four drive-in doors. The warehouse is complemented by 11,000 square feet of office and break room space. Currently, 2 Gateway Boulevard offers 194 trailer spaces (with approval for 50 additional) and 166 auto parking spaces, expandable to 246. Tenants benefit from significant operating cost savings through a long-term PILOT agreement through 2036. This agreement provides fixed real estate taxes at just $0.49 per square foot for the next four years and increases modestly to $0.58 from 2029 to 2032. This agreement delivers financial predictability and annual savings of approximately $1.00 per square foot. 2 Gateway Boulevard is surrounded by major distribution centers for Walmart Supercenter, Five Below, Goya Foods, and UPS. Nearly 30,000 warehouse employees live within a 10-mile radius of the property, providing a skilled and reliable labor force. This premier warehouse facility presents the ideal combination of efficiency, cost savings, and location, making it a perfect choice for tenants seeking to elevate their business.
DISTRIBUTION FACILITY FACTS
MARKETING BROCHURE
ABOUT SALEM COUNTY
In just the past five years, Salem County has seen a surge in leasing by ecommerce platforms, third party logistics firms, and general retailers opening large distribution facilities from which to ship goods throughout the mid-Atlantic.
Thanks to Salem County’s abundance of open land and ease of new construction, large newly delivered distribution facilities rent at significant discounts to those in Northern New Jersey. But via the New Jersey Turnpike, New York City is just a two hour drive from Salem County, and major population centers in Philadelphia and Washington D.C. are an even shorter trip.
These benefits have attracted firms including Jet.com, Five Below, and UPS to open new distribution facilities ranging from 250,000 to 1 million square feet since 2015.
Most of Salem County’s industrial properties are also less than a 15-mile drive from the Port of Wilmington, which handles more imports of fresh fruit and juice concentrates than any other port in North America. New Jersey also ranks among the top five U.S. states for production of crops including Blueberries, Cranberries, Peaches, and Bell Peppers with most of these goods being produced in the southern half of the state.
The area’s booming agricultural sector has helped to attract major food sellers and distributors to Salem County including Goya Foods of South Jersey, which operates and 200,000 square feet distribution center here, along with Argo Merchants which occupies more than 1.1 million square feet of industrial space in Salem County.
DEMOGRAPHICS
REGIONAL ACCESSIBILITY
NEARBY AMENITIES
RETAIL |
||
|---|---|---|
| Walmart | Dept Store | 10 min walk |
| Five Below | Dollar/Variety/Thrift | 13 min walk |
HOTELS |
|
|---|---|
| Hampton by Hilton |
95 rooms
10 min drive
|
| Holiday Inn |
161 rooms
10 min drive
|
| TownePlace Suites |
100 rooms
10 min drive
|
LEASING AGENT
LEASING AGENT
Hilary Budny, Senior Vice President, Marketing
In one case, Ms. Budny’s firm served as the development manager for the financial services enterprise Advanta in a multi-phase relocation endeavor. The project involved several challenges, such as requiring two buildings spanning 200,000 total square feet to meet the needs of different corporate divisions. Matrix efficiently handled the process for a revised approval to build a two-level parking structure on the site, and construction on the original project proceeded without interruption. Ms. Budny’s firm has also worked with Advanta as the approvals manager and tenant representative for eight buildings across three states.
In addition to her professional responsibilities, Hilary Budny enjoys US Lacrosse and supports Germantown Academy.
ABOUT THE OWNER
