Monster Pets Leases Industrial Property In Delran From Endurance Real Estate Group

The industrial property located at 601 Delran Parkway in Delran, NJ, 08075, spans a total of 57,930 square feet. The space features 22-foot clear heights, a 2,000-amp, 277/480 volt three-phase power connection, 40- by 40-foot column spacing, and 2,320 square feet of office space. Situated within Swedes Run Industrial Park, the property is conveniently positioned less than a mile away from U.S. Route 130, providing easy access to both Philadelphia and Southern New Jersey.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not provided
• Landlord's Representative: Scott Mertz (NAI Capital)
• Tenant: Monster Pets
• Landlord: Endurance Real Estate Group

Albert Corr, senior vice president at Endurance Real Estate Group, shared that Monster Pets will utilize the 57,930-square-foot space for distribution purposes, signing an 8.5-year lease. Following the lease agreement, Monster Pets is in the process of relocating to the industrial property. Moreover, the lease with Monster Pets has brought the property to full occupancy shortly after Endurance Real Estate Group and PCCP's acquisition of 601 Delran Parkway, part of a seven-property industrial portfolio totaling 553,000 square feet that they purchased together in April.