Prologis developed 111 Interstate Blvd. in the early 2000s.
SOUTH BRUNSWICK, NJ—3PL firm Pacific Logistics Corp. has renewed its lease at Prologis’ 111 Interstate Blvd. within Turnpike Crossing Industrial Park here. The 18-year-old provider of customizable logistics services expanded by 124,600 square feet, more than doubling its original 86,000-square-foot berth at 111 Interstate to what is now 210,600 square feet.
“As the demand for tailored logistics services has grown in recent years, so too has Pacific Logistics Corp’s business,” says Scott Belfer of CBRE, who with Lou Belfer represented PLC. Both are SVPs at CBRE.
“Turnpike Crossing Industrial Park’s location in the sought-after Exit 8A submarket enables PLC to provide its customers with an unparalleled level of service, and it played an important role in the company’s decision to renew and expand,” he adds. “The property also provides the tenant with the rare opportunity to display signage along the Turnpike.”
PLC has been a tenant at the property since 2012, with Scott and Lou Belfer arranging the original lease as well, according to published reports. Its renewal and expansion finds it now occupying the majority of the space at the 293,800-square-foot distribution center, which Prologis built in 2002. A Cushman & Wakefield team of Jason Goldman, Andrew Siemsen and Marcus Petrella represented the landlord.