Springfield, New Jersey – February 4, 2001 – The purchase of the 40,000 sq. ft. warehouse-distribution facility at 821 St. George Ave., Woodbridge, by Gilbert Home Delivery Corp., was announced by Kenneth Crimmins, CCIM, SIOR, president of The Blau & Berg Company. According to Crimmins, Gilbert Home Delivery purchased the building after a year of occupancy, during which it leased the facility.
The lease and the purchase of the facility were negotiated by Crimmins who represented both parties in the transaction.
Gilbert Home Delivery’s decision to purchase the Woodbridge facility was fueled by a highly charged economy and the company’s need to handle an ever-increasing volume of business. While those who are involved in warehousing and consolidation of freight have been adversely affected by a dearth of affordable and available warehouse space, Gilbert Home Delivery had the foresight to lease space on a short-term basis, allowing for flexibility and the option to purchase based on market requirements and price. The Woodbridge facility was ideally suited to the company’s needs.
Situated on 8 acres of fenced, paved property with a truck terminal, the site is strategically located near the New Jersey Turnpike, Garden State Parkway and the Routes 1 and 9 corridor linking New York and points south.
Founded in 1996, Gilbert Home Delivery Corp. is a division of the Gilbert Companies, a fully integrated transportation and logistics company with headquarters in Linden.
The Blau & Berg Company has provided corporate real estate services to the world’s major users of warehouse complexes, distribution centers and corporate office facilities.