Faropoint has acquired over nine acres in Greenwich Township, Cumberland County, to develop a 73,800-square-foot high-end warehouse, the Hoboken-based firm announced. Located on Swedesboro Road, the project will feature a 32-foot clear ceiling height, 15 loading positions, two drive-in doors, and 1,600 amps of 480-volt power. With final site plan approval secured, Faropoint aims to address the strong demand and limited supply in the South Jersey and greater Philadelphia logistics market. The site was identified through Faropoint’s expertise in last-mile logistics and its proprietary sourcing platform. Wendy Banscher of Fox & Roach LP represented the sellers in the transaction.

*Article courtesy of Real Estate NJ

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