April 10, 2018
EverWest, in partnership with Accordia Realty Ventures, is pleased to announce the acquisition of a 20 acre development site located in Linden, NJ approximately 6 miles from the port of Newark. Construction of a 130,000 square foot warehouse/distribution facility is projected to commence in May 2018 with delivery anticipated for Q1 2019.
"The purchase of this site has been a 2.5 year long process so it is very gratifying to start work on a new state of the art facility that will deliver functional infill warehouse space that the market is clamoring for." said EverWest's Head of Acquisitions, Mark Bigarel, who oversees the company's acquisition activity in the U.S.
EverWest acquired 4400 South Wood Avenue on behalf of an institutional separate account.