Printer Friendly

Cabot Distribution Center holds steel signing ceremony. (Transcripts).

On Oct. 24, local township representatives and more than 150 guests attended a Steel Signing ceremony at the future site of the Cabot Distribution Center in Cranbury, N.J.

The three-hour event included speeches by executives from Auber Resources, Volkswagen of America, Inc., and Cabot Industrial Trust, a steel signing ceremony, and an Oktoberfest buffet with German music. Volkswagen of America, Inc. will occupy the entire 928,000-SF facility located in the Exit 8A market, which will be used as a new parts distribution center and depot for parts arriving from Europe. Occupancy is tentatively scheduled for the third quarter of 2002.

The new facility will be situated on 71 acres at the northeast corner of Station Road and Route 130 in Cranbury township. The state-of-the-art facility designed by KSS Architects will include such features as 32-foot clear ceilings, four major architectural entrances, architectural quality pre-cast panels, trailer parking for 100 trucks, generous truck courts, cross docking, 100% air conditioning, and approximately 50,000 SF of office space.

Cabot Distribution Center is being developed by Cabot Industrial Properties, LP, a wholly owned subsidiary of Cabot Industrial Trust.

Gene Reilly, senior vice president of development of Cabot Industrial, said, "The Volkswagen facility sets a new standard of excellence in the Exit 8A marketplace. We are proud to be associated with Volkswagen in a project of this scale and quality".

The construction of the Volkswagen parts facility, which will replace its current regional parts distribution center located four miles a way in South Brunswick, will supplement Volkswagen's other current parts distribution centers in the United States and Canada. In addition to being a depot for European parts, the facility will be the Eastern parts distribution center, serving the region by distributing parts directly to local Volkswagen and Audi dealers.

Cabot was represented by Auber Resources, Inc. in the lease transaction, in affiliation with The Garibaldi Group.
COPYRIGHT 2001 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:developed by Cabot Industrial Properties, LP
Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1U2NY
Date:Dec 19, 2001
Previous Article:New H&M in Queens opens, Brooklyn store to open soon. (Retail New York).
Next Article:Affordable housing topic of recent law firm seminar. (Transcripts).

Related Articles
VW pens long-term lease for 900,000 s/f.
Yokohama, Continental form joint venture company. (Contracts, Licenses).
2003 RMA Safety & Health Excellence * Award Winners.
Corporate deal comes out to $102m.

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters