Performance Team, a logistics firm owned by Maersk, has leased the entire 1.2 million-square-foot Box Park Logistics Center in Cinnaminson, making it the Philadelphia region’s largest industrial lease of the year, according to industry sources.

The deal significantly reduces available industrial space and comes two years after developer Logistics Property Co. completed the building. Located at 995 Taylors Lane, just off Route 130 and nine miles from the Port of Philadelphia, the facility includes 40-foot clear heights, 216 dock doors, four drive-in doors, 549 car parking spaces, and 216 trailer spaces. It also has room for a 300,000-square-foot expansion.

*Article courtesy of Philadelphia Business Journal

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