150,000 s/f distribution facility planned for site.GVA GVA general visceral afferent system of nerves. Williams New Jersey's CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Eric Witmondt and assistant vice president Lori Zuck represented Woodmont Properties in its sale of 34 acres on Mount Pleasant Avenue in Dover, NJ, to Scannell Properties. The new owners plan to develop a 150,00 s/f, build-to-suit distribution facility for FedEx Ground FedEx Ground is a shipping company headquartered in Moon Township, Pennsylvania, a suburb of Pittsburgh. Originally a small regional package shipping company called Roadway Package System (RPS), it was created to be a discount competitor to UPS. in conjunction with Woodmont Properties. "We are pleased to have represented Woodmont Properties in this sale. The site is well suited to meet FedEx Ground's logistical lo·gis·tic also lo·gis·ti·cal adj. 1. Of or relating to symbolic logic. 2. Of or relating to logistics. [Medieval Latin logisticus, of calculation needs and will bring this unutilized site to a productive use," commented Zuck. Formerly a portion of the North Sussex Street landfill, this site's new use represents a new tax revenue for the Town of Dover as well as new employment opportunities for the town's residents. In addition to the FedEx Ground facility, Woodmont plans to develop a hotel and office building on an adjacent 15 acres of property. Jeff Rosenberg, formerly of CB Richard Ellis CB Richard Ellis Group, Inc. NYSE: CBG is a multinational real estate corporation currently based in Los Angeles, California, U.S.A.. On December 20, 2006, the corporation, also known as CBRE, completed acquisition of Trammell Crow Co. in a transaction valued at $2. , now with Grubb & Ellis, represented Scannell Properties in this transaction. |
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