This acquisition marks CoreOne’s second investment in Pennsauken and the eleventh in South Jersey. The Industrial Outdoor Storage (IOS) opportunity was secured through an off-market transaction, facilitated by broker Steven Bentolila of Bento Property Group and Solomon Michailow of S2 Property Group.

Joe Burton, President of CoreOne Industrial, excitedly shared, “We’re thrilled to announce our second acquisition of an IOS property in 2024, this time in Pennsauken, NJ. This strategic in-fill location perfectly complements our portfolio strategy, enabling us to strengthen our presence in the South Jersey market and fuel sustained growth. This opportunity showcases our dedication to expanding our IOS portfolio across the nation.”