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January 8, 2013

The Return of Speculative Construction: IDI’s Middlesex Center 2

IDI, a full-service industrial real estate company, is constructing Middlesex Center 2, a 751,450 square foot inventory building located at Exit 8A of the New Jersey Turnpike. The building is expected to be completed in July 2013.

“Middlesex Center 2 marks the resurgence of inventory building development in New Jersey and is one of the largest industrial facilities under construction in the state,” said Frank Petkunas, Senior Vice President and Regional Managing Director for IDI’s northeast operations. “Situated proximate to critical point infrastructure and the most populous area in the U.S., the building offers prospective tenants the best first class option in the market.”  

Located in the 206 acre Middlesex Center, building 2 will feature the most contemporary warehouse component technology in addition to customizable warehouse lighting, dock equipment and office space. The office park also includes Middlesex Center 1, a 1,351,200 SF building and plans for the 450,000 SF Middlesex Center 3 building which will be constructed in 2013.

IDI has nearly 7 million SF under development in 9 states and has been the first to market with new inventory space in several cities, taking the lead as the industry moves out of the recession.


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