Vineland Development Corporation sold a 215,508 sq. ft. manufacturing and cross-dock warehouse building in Vineland, New Jersey this month for $2,100,000 according to a National Real Estate Investor article. In a deal brokered by Binswanger, Townsend Farms bought the property at 3501 South East Boulevard. Townsend Farms, which grows, processes, and delivers premium berries, plans to use the facility for processing and freezing fresh berries from local growers.
The building was originally constructed for the Rennoc Corporation as a garment manufacturing facility. A multi-million dollar renovation of the property will include raising the ceiling height in a portion of the building, adding freezer space as well as processing equipment. General Mills leases a portion of the building and will remain as a tenant.
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