Global Cinnaminson is a former Acme grocery store that we plan to convert into a climate controlled self-storage facility. The property is 88,900 gross square feet with net rentable square feet of 67,035. Cinnaminson, NJ is located in the upper Burlington County submarket, which covers the top quarter of New Jersey's largest county.
Large swaths of Upper Burlington County are dominated by single-family houses, leaving apartment inventory concentrated in small patches - mostly along the Delaware River and on the Southern end close to Cherry Hill Mall. Unlike many closed-in Philadelphia suburban markets, where eds and meds dominate employment, Upper Burlington County has greater exposure to warehouse/logistics, military spending, and agriculture. Lockheed Martin, the Fort Dix Army Base, and the McGuire Air Force Base are three of the County's largest employers, and Amazon made a big splash when it moved into a 615,000 square foot fulfillment center in Florence Township in late 2016. Local economies could also get a boost from the revitalization of Camden, where the state has committed more than $1 billion in tax breaks and incentives to attract employers to fuel economic and demographic growth.