AJOT Digital Edition #714

Just last month, the development of the Phillipsburg Logistics Center at 78, a 511,200-square-foot, Class A speculative industrial building in Phillipsburg, New Jersey, was announced by JLL Capital Markets, which provided financing for the project. Located on the Delaware River, Phillipsburg is part of the Lehigh Valley Industrial submarket, is in a position to serve businesses in the New York/New Jersey region, and is within a 24-hour drive of one-third of the nation’s population.