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RLS Logistics will broaden its present chilly storage facility at 1000 Coopertown Highway in Delanco, N.J., to 180,000 sq. ft. The property now spans 45,000 sq. ft.
The 135,000-square-foot addition will enhance the ability’s capability by some 24,000 pallet positions, to a complete of greater than 30,600. The present property, which opened in 2018, has 12 dock doorways and options storage at temperatures between -10 levels F and 38 levels F, with 45 levels F within the dock.
Powered by photo voltaic power, the ability options 54-foot-high ceilings and a CO2 refrigerant system. In ready remarks, RLS Logistics CCO John Gaudet emphasised that the enlargement just isn’t solely meant to extend the sq. footage, but additionally broaden the corporate’s menu of companies and operational capabilities.
Positioned close to Freeway 130, the property is a few 14 miles from the Port of Philadelphia and from the Northeast Philadelphia Airport.
Philadelphia industrial improvement slows
As of January, Philadelphia was within the lead amongst northeastern markets when it comes to industrial improvement, boasting a pipeline of almost 7.8 million sq. ft, which accounted for 1.8 % of present stock, in keeping with a current CommercialEdge report. All through 2023, builders broke floor on solely six properties totaling some 2.5 million sq. ft, a whopping 72 % lower from the earlier yr’s figures.
Though a comparatively small area of interest inside the broader industrial market, chilly storage has been exhibiting regular progress, facilitated by the shift towards e-commerce which was additional accelerated by the pandemic. These favorable tendencies have made the subsector more and more enticing for builders and buyers alike.
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