3 Warehouses Will Soon Occupy Over Almost 50 Acres In Salem County, NJ
What do you think of when you think of New Jersey's most southwestern region? If you take a look at a map, you'll see I'm referring to Salem County.
Salem County's an interesting place. If you want land, that's the place to look. Not only is there still wide open space down there, but it's definitely the cheapest land you'll purchase in the state. Now, though, there's about 50 acres less available.
NJ.com reports that 48 acres of land in the Carney's Point section of the county will soon have three warehouses sitting on top of it. That's all thanks to a Philadelphia-based firm that took ownership of the area formerly known as the Salem Business Center.
The deal made the Delaware River and Bay Authority over $15 million dollars. Now to be known as the Salem Commercial Park, there will reportedly be plenty of room for cars and trailers to park. There would have to be since the warehouses will have loads coming in and out quite often once they're finished.
So, why Salem County? Well, apparently, South Jersey is one of the best locations in the country to set up what NJ.com referred to as "big box warehouses" compared to other heavily populated areas in Texas and Georgia. The bottom line: it was a good investment for the firm. So, from a business standpoint, why not?
If it's bound to make money, they're not going to hold back.
No word yet on what companies the warehouses will represent, but maybe they'll be a Target or Amazon warehouse. Still, that's all speculation. That information will surely be revealed in due time.