It was recently announced that spec construction will commence on a 332,640 square foot portside distribution facility with five acres of parking capacity at Lincoln Logistics Bayonne. This latest construction marks another milestone for the former Military Ocean Terminal site.
Lincoln Logistics Bayonne is situated on a 153-acre waterfront peninsula in the heart of the Port of New York/New Jersey, which makes it the largest infill industrial redevelopment in the New York Metro Area.
The spec development parcel is approximately 24 acres and can provide parking for 195 trailers and 225 cars, or 45 trailers and 800 cars. UPS already has an 886,256-square-foot build-to-suit distribution hub under development at the site.
The Global Container Marine Terminal is located just 800 feet away from Lincoln Logistics Bayonne, while the property is situated five miles from Manhattan and nine miles from Newark Liberty International Airport. The site also offers easy road access via the New Jersey Turnpike (new Exit 14A interchange), I-78, and Route 440.
The exclusive leasing agent for the building is Cushman & Wakefield, while Lincoln Equities Group is the developer. Lincoln Equities Group expects to deliver by year-end.
“We designed Lincoln Logistics Bayonne to set the highest standard for modern portside logistics worldwide,” said Lincoln Equities Group’s Joel Bergstein, president. “As the newest and most innovative Last Mile warehouse and distribution center in the region, it offers an unparalleled gateway to the entire East Coast Corridor via water, land, and air.”