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As one of the northeast regions largest value-added
developers, River Terminal has spent over 35 years developing more than 9,000,000 square
feet of industrial, flex and office properties in New Jersey, Pennsylvania and California.
We provide our tenants with state-of-the-art facilities in
prime locations with a commitment to service and property maintenance by our experienced
professional staff.
Our portfolio was developed through acquisition of existing properties
from some of Americas top corporations including Western Electric, Westinghouse,
Mack Truck and A&P Stores as well as the United States Government. Through purchases
such as these we have been able to assemble an industrial park in South Kearny of over 300
acres with approximately 5.5 million sq. ft. of prime warehouse and distribution
facilities. In the year 2000 we continued to expand the South Kearny facility with the
construction of a new building and we are planning future expansion on the land still
available for speculative and build-to-suit projects.
River Terminal also assembled approximately 100 acres in Florence, New
Jersey in the year 2000 with about 400,000 sq. ft. of prime warehouse and multi-tenant
distribution facilities. We have made substantial improvements to the property and are
excited about our growth potential that includes future construction to provide an
additional 800,000 sq. ft. of buildings on this site.
We transformed our existing properties to feature new construction of high cube buildings
along with using our expertise to convert properties that were suffering from being
functionally obsolete, into state-of-the-art multi-tenant warehouse and distribution
facilities. For example, a crane-way for government ship construction was reconfigured
into one of the nations largest state-of-the-art liquor distribution centers.
A building that was once Western Electrics corporate offices became
a regional office for APL Limited, United States Post Office Remote Encoding Center,
machine tool distribution center, corporate print facility and a Valley National Bank
branch office.
We have a proven track record of excellent customer service as exhibited
by a consistently high tenant retention rate over the last ten years. River Terminal takes
pride in being able to adapt and accommodate our tenants needs. As tenants have
grown their businesses our flexibility has allowed them to expand. Our on-site maintenance
staff is a dedicated team that includes licensed plumbers and electricians and skilled
masons, carpenters and roofers. They are available at all times for emergency repairs as
well as routine maintenance.
Tenant relations and property management are handled daily by our
professional administrative staff using state of the art computer systems.
We have developed and maintain a long-standing relationship with
local Town and County Officials. We enjoy a leadership role in the South Kearny Industrial
Association, which provides us with an open line of communication with the towns
administrative and elected Officials. Kearny is included as one of the states 26 Urban
Enterprise Zones and we are active on the Kearny Urban Enterprise Zone Development
Corporation. Our commitment to the overall community is reflected in financial support and
active participation in civic, charitable, educational and cultural organizations.
We continually strive to keep abreast of changing business trends and to use our
creativity to enhance our properties to meet the needs of businesses both large and small.
We have obtained Foreign Trade Zone designation to benefit our existing tenant base and to
make River Terminal a more attractive location. We believe our dedication to our
existing tenants and enthusiasm for future growth makes us a very exciting company.
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