Newmark Grubb Knight Frank (NGKF) and Bazilio Cobb Associates (BCA) are pleased to announce that they have been appointed the exclusive leasing agents for the 1,048,631-square-foot warehouse building located at 1900 River Road in Burlington Township, New Jersey, by the U.S. General Services Administration (GSA).
This 1,048,631-square-foot warehouse, situated on 107.84 acres, is the largest modern block of vacant warehouse space available for lease in Southern New Jersey. Built in 1991, the building is equipped with 67 tailgate docks, 181 trailer parking spaces, new T-5 lighting fixtures throughout the warehouse and is served by an active rail spur from the Conrail/Norfolk Southern Shared Assets area. Eight rail loading positions on the Southern wall of the building are served by a covered platform with load levelers and 18’ wide x 14’ high electric powered overhead doors. The property is ideally situated at a major crossroads in the Mid-Atlantic United States, with immediate access to the New Jersey and Pennsylvania Turnpikes, providing north-south and east-west access to over one-third of the US population within one day’s drive. The property infrastructure allows users to benefit from tremendous highway, rail and port access.
Kurt Montagano and Kyle Eaton of NGKF will lead the brokerage team and Steve Lowe of BCA will be the overall project coordinator. BCA and NGKF have worked together effectively on several previous GSA projects with much success. BCA will bring proven project management skills to the 1900 River Road project, while NGKF will contribute an unmatched level of market knowledge and proven past performance.
About Newmark Grubb Knight Frank
Newmark Grubb Knight Frank is one of the world’s leading commercial real estate advisory firms. Together with London-based partner Knight Frank and independently-owned offices, NGKF’s 12,000 professionals operate from more than 330 offices in established and emerging property markets on six continents.
With roots dating back to 1929, NGKF’s strong foundation makes it one of the most trusted names in commercial real estate. NGKF’s full-service platform comprises BGC’s real estate services segment, offering commercial real estate tenants, landlords, investors and developers a wide range of services including leasing; capital markets services,
including investment sales, debt placement, appraisal, and valuation services; commercial mortgage brokerage services; as well as corporate advisory services, consulting, project and development management, and property and corporate facilities management services. For further information, visit www.ngkf.com.
NGKF is a part of BGC Partners, Inc., a leading global brokerage company servicing the financial and real estate markets. BGC’s common stock trades on the NASDAQ Global Select Market under the ticker symbol (NASDAQ: BGCP). BGC also has an outstanding bond issuance of Senior Notes due June 15, 2042, which trade on the New York Stock Exchange under the symbol (NYSE: BGCA). BGC Partners is led by Chairman and Chief Executive Officer Howard W. Lutnick. For more information, please visit http://www.bgcpartners.com/.
About Bazilio Cobb Associates
Bazilio Cobb Associates is a real estate and management consulting firm based in Washington, DC. The Firm has assisted GSA in analyzing the highest and best use opportunities for numerous major Federal government properties ranging from urban office centers to agricultural research sites to FCC monitoring stations. BCA was founded in 1983.