Realterm Logistics closed on the acquisition of 49 Thomas J. Rhodes Industrial Drive, a fully leased 45,000 SF mission critical, cross-dock truck terminal in Hamilton, NJ. The property includes 102 loading doors and sits on 18.87 acres with immediate access to I-295, I-195 and I-95.
The property is in a prime LTL carrier location with superior access to both New York Metro and Philadelphia Metro dense consumer populations. The facility is accessible to the new Pennsylvania Turnpike/Interstate 95 Interchange, a $400-million infrastructure project that will connect two of the busiest highways in the United States, further enhancing the submarket’s accessibility to the larger region and entire East Coast.
Completed in 2009 as a built-to-suit, the facility is fully leased to YRC Freight, the fourth largest less-than-truckload carrier in the United States.
Jose Cruz, Marc Duval and Jordan Avanzato of HFF worked on the transaction. https://www.hfflp.com/