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Dalfen Industrial has expanded its New Jersey portfolio with the acquisition of Thornton Logistics Center, a 92,400-square-foot last-mile industrial building in Oakland, NJ. The acquisition was sourced off-market through JLL; the terms of the deal were not disclosed.
Located within the Oakland Industrial Park, the property offers access to Interstates 287 and 80. Currently fully-leased, the building features a rectangular layout, 22′ clear height, and a loading ratio, making it suitable for single or multi-tenancy.
“This acquisition is Dalfen Industrial’s fourth in Central/Northern New Jersey since May 2023,” said Mike Cohen, Head of U.S. Acquisitions. “As arguably one of the most significant and competitive industrial markets in the country, Dalfen is focused on continuing to grow its New Jersey portfolio.”
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