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Woodmont JV to redevelop Somerset site into Class A warehouses

Summary by NJBIZ
The basics: Woodmont forms JV with major insurer to acquire 400 Atrium Drive Class A warehouse redevelopment will add 370,000+ square feet Site replaces vacant office in I-287/Exit 10 submarket High demand projected due to port access and limited new supply A new Class A industrial development is set for the I-287/Exit 10 submarket in Somerset County. Fairfield-based Woodmont Industrial Partners announced April 23 forming a joint venture with a…
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NJBIZ broke the news in on Friday, April 25, 2025.
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