Logistics Property Co. to develop 1.5msf logistics campus in N.J.

Logistics Property Co. has acquired Box Park Logistics Center in Burlington County, N.J. The financial terms were not disclosed.

The 72.35-acre parcel will be home to a 1.2 million- to 1.5 million-square-foot logistics campus with up to 6 acres of parking.

Situated immediately off Route 130 in Cinnaminson Township, the property offers convenient proximity to Interstate 95, Interstate 295 and the New Jersey Turnpike. There is direct access to major population centers, including Baltimore, Boston, New York City, Pittsburgh, and Washington, D.C., within a one-day drive; and the entire Philadelphia metropolitan area in less than one hour.