June 10, 2020
Florida-based Scout Capital Partners has engaged Colliers International’s Food Advisory Services team to spearhead leasing at Scout Cold Logistics Center in East Greenwich Township, NJ. The 332,000-square-foot facility, now under construction, is located 18 miles outside central Philadelphia and 100 miles from New York City, putting it within a two-hour reach of nearly 20 million people.
“America’s supply of cold storage facilities is wholly inadequate to match the increasing demands of food distribution and online shopping, not to mention the need for storing highly-perishable pharmaceuticals and medical supplies,” said Scout founder Vincent Signorello. “Scout Cold Logistics Center, in the heart of the Eastern Seaboard, will be a core asset within our national network of climate-controlled facilities.”
With 97,000 square feet pre-leased to a perishable logistics company, Scout Cold Logistics Center has another 235,000 square feet available. Handling the assignment are Colliers’ Chris Cummings, Turner Wisehart, Sam Campbell and Marc Isdaner.
For comments, questions or concerns, please contact Paul Bubny