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Aramsco Secures 117,000 Sq Ft in Logan North's Industrial Hub, Boosting South Jersey's Economic Landscape

Aramasco's lease of 117,000 square feet at Logan North highlights the demand for top-tier logistics spaces and South Jersey's growing role as a distribution hub.

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Ayesha Mumtaz
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Aramsco Secures 117,000 Sq Ft in Logan North's Industrial Hub, Boosting South Jersey's Economic Landscape

Aramsco Secures 117,000 Sq Ft in Logan North's Industrial Hub, Boosting South Jersey's Economic Landscape

Greek Real Estate Partners and Advance Realty Investors have inked a significant lease with Aramsco Inc. for 117,000 square feet at the Logan North industrial development, marking another milestone in the project's success. Announced on March 6, this move by Aramsco, a leading supplier for specialty contractors, emphasizes the enduring demand for Class-A logistics spaces amid economic fluctuations.

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Strategic Location and Superior Design

Spanning over 3.2 million square feet and comprising seven buildings, Logan North offers unparalleled access to major transportation corridors, positioning it as a prime location for logistics and distribution. The 274,524-square-foot building at 301 Crossroads Blvd., now partially occupied by Aramsco, features built-to-suit office space and advanced logistics facilities, catering to the modern needs of businesses. Alex Cocoziello, principal and Chief Investment Officer at Advance Realty Investors, highlighted the project's ability to attract significant tenants like Aramsco, attributing it to Logan North's exceptional location and quality design.

Remaining Opportunities and Market Confidence

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With Aramsco's lease, approximately 160,000 square feet of premium space remains available at Logan North. The development team, confident in the high demand for such quality spaces, continues to seek tenants. The area's attractiveness is further underscored by the presence of notable companies like Target and Lineage Logistics among the development's tenants, showcasing Logan North's appeal to diverse industries.

Impact on South Jersey's Economic Development

Logan North's development, particularly in South Jersey, presents a unique opportunity for businesses seeking cost-effective yet state-of-the-art logistics solutions. The region's affordability, coupled with the flexibility offered by new developments like Logan North, positions South Jersey as an efficient distribution hub. This strategic advantage not only benefits tenants but also contributes to the area's economic growth, attracting further investment and job creation.

As Logan North continues to expand and attract high-caliber tenants, its impact on the regional economy and the logistics industry is becoming increasingly evident. This development not only reaffirms the value of strategic location and modern facilities but also highlights the potential of South Jersey as a key player in the national distribution network. With ongoing developments and the prospect of fully leasing the remaining space, Logan North is set to further cement its position as a premier industrial hub in the Northeast.

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