Monthly Archives: February 2016

65,390 square feet leased in West Deptford, NJ

1230 Forest Parkway, West Deptford, NJ

1230 Forest Parkway, West Deptford, NJ

WEST DEPTFORD, NJ – Industrial Investments, Inc. of Blue Bell, PA announced that it has recently signed a new long term lease for 65,390 square feet of industrial space with the Delaware Valley Floral Group at its newest building located in the Forest Park Corporate Center at 1230 Forest Parkway, West Deptford, New Jersey.  An affiliate of Industrial Investments purchased the vacant 1230 Forest Parkway in early February.  1230 Forest Parkway is a 109,620 square foot light industrial/warehouse building with 26’ clear ceilings, 18 tailgate doors, ESFR sprinklers, and T-5 lighting with motion sensors.  Following the lease with Delaware Valley Floral Group, Industrial Investments has 44,230 square feet remaining for lease at the property.

This location will serve as a new warehouse and distribution center for Delaware Valley Floral Group, who is an industry leader in the wholesale flower industry.  Over the past 50 years, the Delaware Valley Floral Group has grown into one of the largest floral distribution and logistics companies in the United States.

Michael Bown, Project Manager and Principal of Industrial Investments, Inc., represented the property’s owner in the transaction.  Delaware Valley Floral Group was represented by Scott Mertz, SIOR, President of NAI Mertz.