Burberry Warehouse in South Jersey Sells for $22M

Luxury designer Burberry leases 235,739 square feet at 3254 N. Mill Road.

A South Jersey distribution center largely leased out to luxury designer Burberry has sold for $22 million.

Burberry Wholesale Ltd. leases 235,739 square feet at 3254 N. Mill Road, along with Stellar Distributing, which occupies 33,761 square feet. A portion of the roof is also outfitted with solar panels and is leased to NFI Solar II.

High Street Logistics has owned properties in 12 states: Florida, Georgia, Illinois, Kentucky, Maryland, Massachusetts, Minnesota, New Jersey, Ohio, Pennsylvania, Tennessee and Texas. The Vineland properties are its first foray into South Jersey, as its previously bought and sold industrial properties in North and Central Jersey.

The Vineland property was attractive because of its proximity to major transportation arteries like Rt. 55, the New Jersey Turnpike and I-295 and easy access to cities in the Northeast and Mid-Atlantic.

*Article courtesy of Philadelphia Business Journal

For more information about this Vineland industrial space or about any other Vineland commercial properties for sale or lease, please contact the team at Wolf Commercial Real Estate, a Vineland commercial real estate broker at 856-857-6300.

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