Commercial

1100 Negron Drive, Hamilton, NJ, 08691 | 110 North Gold Drive, Robbinsville, NJ, 08691 | 245 Willow Brook Road, Freehold, NJ, 07728

DESCRIPTION

A three-property, small bay light industrial development portfolio located across multiple infill pockets of Central New Jersey totaling 173,763 square feet located in Hamilton, Robbinsville and Freehold, New Jersey.

LOCATION

The central New Jersey industrial market (Mercer/Middlesex/Monmouth Counties) has a current vacancy rate of 2.7%. The lack of available space has pushed rent levels, with annual average rent growth of 9.30% over the last five years, increasing warehouse rents. Tight inventory has driven demand for even dated and inferior industrial buildings, achieving record rental rates.

Hamilton & Robbinsville

Located in Mercer County, both Horizon and North Gold are well positioned within the greater Princeton area (I-195/ 7A corridor), renowned for its affluent and highly educated population, excellent schools, abundance of executive housing, mass transit alternatives and convenient roadway access. Princeton’s commercial presence has resulted in an above-average demographic profile for the area’s residents. In addition to a skilled labor pool the location serves over 100,000 residents within a 5-mile radius.

State Highways

  • Located off of Route 130 and I-195
  • 5 minutes to Exit 7A of I-95 and I-295

Travel

  • 45 minutes to Philadelphia
  • 45 minutes to Newark Liberty and Philadelphia International Airports/Ports
  • 60 minutes to New York City

Freehold

Located in Monmouth County, Willow Brook is well positioned; it is close to critical highway access, population density and a skilled labor pool.

Monmouth County is the 5th most populous county in the state with 625,511 residents as of 2020. Close proximity to New York encourages industrial real estate as one of New Jersey’s top performing sectors. Monmouth County is located centrally to both New York City and Philadelphia, while also within a one-hour drive to Newark Liberty International Airport, Philadelphia International Airport, Port Newark and Port Elizabeth.

State Highways

  • Located off of Route 33 and Route 9
  • 10-20 minutes to I-95 (Exit 8A)
  • 10-15 minutes to the Garden State Parkway

Travel

  • 60 minutes to Philadelphia
  • 60 minutes to Newark Liberty and Philadelphia International Airports/Ports
  • 60 minutes to New York City