The property at 395 Pedricktown Road in Logan Township, New Jersey is an industrial asset leased by Kenco Logistics from the landlord, Dermody Properties. Kenco Logistics will utilize 401,008 square feet of the storage and distribution facility, located within Dermody Properties’ LogistiCenter at Logan Industrial Park. The facility will be used for the storage and distribution of its customers’ products.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not provided
• Tenant: Kenco Logistics
• Landlord: Dermody Properties
• Square Feet: 401,008
• Tenant's Rep: Vincent Ranalli (CBRE), William Goodwin (CBRE)
• Landlord's Rep: Marc Isdaner (Colliers International), Mark Chubb (KBC Advisors), Michael Zerbe (KBC Advisors)

Blue Rock is serving as the contractor for tenant improvements at the property, while Ware Malcomb provided architectural services. Kenco Logistics, a company specializing in distribution, fulfillment, transportation management, material handling, and information technology, is expected to move into the facility in January. A portion of the building, measuring 80,750 square feet, remains available for lease at LogistiCenter at Logan, a master-planned Class A industrial park covering 1,100 acres.