he Mount Laurel Township Council unanimously passed a resolution at its June 13 meeting that would re-zone two parcels of land on Commerce Parkway to industrial. Currently, the two parcels of land on Commerce Parkway and another existing building are zoned as Office-2 or O-2, according to Township Manager Meredith Riculfy. The properties that surround… Read more »
A national issue of what to do with disused office buildings in the post-pandemic world will play out at the upcoming Mount Laurel Planning Board meeting when members consider proposals to replace offices with warehouses. The owner of a massive commercial office complex on about 34 acres on Gaither Drive proposes to demolish all but… Read more »
A large warehouse with 38 loading docks on vacant land off Briggs Road near the Route 38 intersection was approved by the Mount Laurel Planning Board on Thursday night, with only one resident objecting. The 190,470-square-foot warehouse, which does not yet have a tenant, is a permitted use in the Township’s industrial zone. Board members voted… Read more »
Prologis Inc. has paid $13.25 million for a 114,646-square-foot office building in Mount Laurel that it intends to raze to make way for a new 184,500-square-foot industrial facility. Veritas Real Estate of Marlton, New Jersey, was the seller. While real estate companies have eyed well-located vacant or obsolete office buildings for industrial use in other… Read more »
The ability to accommodate large trucks on Walton Avenue and Union Mill Road in Mount Laurel is at the center of a developer’s application to build a 76,000-square-foot warehouse on wooded land near the intersection of the two roads. Union Mill Road LLC of Wilton, Connecticut, which owns the nearly 25 acres, goes before the… Read more »
In an improving economy, industrial property can change hands frequently. In a declining one, industrial property owners may be forced to wind up operations and close the facility. If you own or intend to purchase or shut down an industrial facility in New Jersey, pay particular attention to the provisions contained in the state’s Industrial Site Recovery… Read more »
