In December 2016, Prologis delivered a 538,819-square foot build-to-suit for Fedway Associates, New Jersey's leading wine and spirits distributor. The build-to-suit has 48 dock doors and parking for 384 trailers and 257 cars.
Fedway Associates occupies one of the two industrial warehouses comprising Prologis Ports Elizabeth, a master planned distribution park on 72 acres of land in Elizabeth, New Jersey. Prologis Ports Elizabeth is located off the New Jersey Turnpike at Exit 13A, which provides direct access to the tristate area and is adjacent to Port Elizabeth and Port Newark.
“Fedway has been in search of a new facility over the last few years to accommodate their growing business needs. The location, building design and confidence in our execution were some of the determining factors that led them to partner with us,” said Pete Crovo, senior vice president, investment officer, Prologis.
Neil Barnett, president of Fedway Associates, commented, “This investment in a new distribution center affirms our commitment to provide best-in-class service to our retail customers throughout the state.”
Robb Sansone, Fedway executive vice president, added, “Prologis’ Elizabeth Seaport location was key in our leasing decision. It is among the most preferred locations in New Jersey for modern distribution space, with unmatched logistics and supply chain resources.”