Goodman Group Develops $350M Logistics for Built-to-Suit Opportunities
Australia-based Goodman Group and its wholly owned North American subsidiary, Goodman Birtcher, received entitlement approvals for the development of a proposed $350 million logistics center in Linden, N.J. The proposed project is part of the $1.4 billion development pipeline in the key U.S. logistics markets of California, Pennsylvania and New Jersey, which provides the ability to develop 15 million square feet of new class A logistics space.
The proposed development will offer a combined total of over 2.8 million square feet of logistics space across five high-grade distribution warehouses, which are to be delivered in three phases.