Lakewood Industrial Park Home to New 140,000-square-foot Warehouse
The Lakewood Industrial Park continues to expand as Central Jersey’s key industrial and economic center with the newest construction project by Sudler Companies, a real estate development, construction and management company.
Peter Sudler, president and CEO of The Sudler Companies, recently joined Lakewood Mayor Menashe Miller; Steven Reinman, executive director of the Lakewood Industrial Commission (LIC) and acting municipal manager; Robert Kirschner, chairman of the LIC, and representatives from Bedrock Concrete Corporation to celebrate a “Tilt Up,” the raising of one of the first walls of a new 140,000-square-foot warehouse at 1001 New Hampshire Avenue, Lakewood.
Peter Sudler said, “We are building speculatively at 1001 New Hampshire Avenue after seeing the demand for this type of space at our Lakewood Corporate Park where a 1,200,000 square foot property has been 100 percent leased since January 2014.
“We’ve had great success in Lakewood since the 1960s, so growing our industrial portfolio here just made sense,” continued Sudler. “Tilt Up Construction will make 1001 New Hampshire Avenue more functional for our tenants while giving its exterior a modern look that will stand out among the other warehouses that were built in the last century.”
“Sudler has been an integral part of our community for decades and we are thrilled that they are creating new space to attract additional industry here,” said Lakewood’s Mayor Menashe Miller.
Steven Reinman said, “Sudler has been a major contributor to the growth of our industrial zone, and this latest example of innovation and investment is further confirmation of the role Lakewood’s Industrial Parks have as a regional economic center, providing for over 10,000 jobs in our 200+ industrial buildings. We wish the Sudler Companies much success and look forward to another generation of mutual growth.”
Once completed, in addition to the state-of-the-art Tilt Up Construction panels, 1001 New Hampshire Avenue will offer 32-foot clear ceilings, multiple loading docks that are tailboard or drive-in, and an ESFR sprinkler system, among other features. Sudler has reported significant interest in the project by various companies for space from 28,000 to 50,000 square feet.
The Tilt Up Construction method involves building the concrete walls made horizontally on the slab, including all window and door frames, and then raising and attaching them to the building’s foundation once completed. It is a cost-effective, energy-efficient, and quick build option.
“Tilt Up Construction is perfect for this kind of commercial, warehouse space,” said Jim White, marketing manager for Bedrock Concrete Corporation. “Sudler and its tenants will both be pleased with the final product.”
1001 New Hampshire Avenue, at the corner of Oak and New Hampshire, is situated off Exit 88/89 of the Garden State Parkway, offering high visibility and a convenient location for companies needing to be near major road ways for business in the Philadelphia area, or ports in Elizabeth and Newark, and Newark Airport.
For more information about leasing in Lakewood or one of Sudler’s additional industrial parks, call 973.257.0700 or visit www.sudlerco.com.
About the Lakewood Industrial Commission (LIC): The LIC was incorporated in 1960 and is operating by New Jersey Statute. The LIC and its volunteer commissioners are charged with fostering industrial and economic development, increasing employment opportunities, and promoting the economic well-being of businesses in Lakewood Township, among other duties. The Lakewood Industrial Park is the second largest industrial park in New Jersey, covering 2000+ acres. More than 300 businesses, which have created and support approximately 10,000+ jobs, are located in several Lakewood Industrial Parks.
For more information about the LIC and opportunities for commercial business in the Lakewood Industrial Park, contact Executive Director Steven Reinman, 732-364-2500 Ext. 5333. Offices of the LIC are in the Lakewood Municipal Building, 231Third Street, Lakewood, N.J. 08701
About Sudler Real Estate
Sudler Real Estate is a family-owned business now in its third generation. Thriving on hard work, it grew into one of New Jersey’s most respected real estate firms. Sudler takes a conservative approach to real estate development, construction and management, emphasizing thoroughly researched site selection, functional design and solid construction. Since 1907, Sudler has kept pace with the shifting needs of the corporate real estate industry, favoring solid long-term investments to high-risk ventures for fast returns. Specializing in turn-key projects for major corporate clients, it offers buildings with trouble free, low maintenance features and first-class materials in prime locations.