CenterPoint Properties has announced the expansion and 15-year lease extension of PIM Brands, LLC’s Somerset facility. This development project—CenterPoint’s first vertical construction undertaking in New Jersey—is an answer to PIM’s rapidly evolving manufacturing needs.
PIM Brands, LLC is part of the Promotion In Motion family of companies and is a leading manufacturer of brand name fruit snacks and confections including Welch’sÒ Fruit Snacks, Sun-MaidÒ Chocolate Raisins, Original Gummi FunMix® gummi candies and much more. To help PIM address increasing product demand, CenterPoint will expand their manufacturing facility by 72,816 square feet, totaling over 250,000 square feet. This extra space will accommodate new production lines and facilitate product distribution with 40' clear heights, six tailboard doors and 20 auto parking stalls.
“We’re thrilled to partner with PIM on this development,” said David Nenner, CenterPoint Senior Vice President and Regional Manager. “This building expansion will drive PIM’s production capabilities, help them continue to grow their business and create new jobs.”
“A vertical construction project like this presents new possibilities for PIM’s space,” said Brendan Warland, CenterPoint Vice President of Development. “It’s also a great addition to the 4.7 million square feet that CenterPoint manages in New York and New Jersey.”
PIM’s representatives, Chuck Fern of Cushman & Wakefield and Bob Nathin of Sheldon Gross, made this transaction possible. CenterPoint was represented in-house by David Nenner. The official groundbreaking is scheduled to take place May 30, 2019.
