NEW JERSEY—Hillwood Investment Properties, a Perot company, in partnership with Brookfield Asset Management, has acquired a 600,000-sq.-ft., Class A bulk distribution building located in Southern New Jersey.
“Hillwood is proud to partner with Brookfield in the acquisition of another Class A warehouse facility,” said Tom Fishman, Hillwood’s executive vice president of acquisitions.
Developed in 1991, the property provides cross-dock loading with a depth of 460-ft., 25-ft. ceiling heights, an ESFR sprinkler system and 42-ft. by 42-ft. column spacing with 60-ft. speed bays, spacious truck courts of 122 ft. to 185 ft., 91 trailer stalls, full circulation and the potential for future rail access.
In addition, 200 Birch Creek includes a flexible warehouse design that can be expanded to accommodate users as large as 770,000 sq. ft.
Located in Pureland Industrial Park, 200 Birch Creek is less than two miles from Exit 10 of I-295 and provides access to the northeast distribution corridor serving New York, Northern New Jersey, Philadelphia, Delaware, Baltimore and Washington, D.C. metro areas.