Description:

Inventive Development along with its affiliate partners and the City of Salem are seeking Industrial Tenants for their 750,000 - 1,000,000 SF phased project which will revitalize the Port of Salem. The site falls with in an New Jersey designated opportunity zone. The redevelopments main focus is to own and operate a Small Business Trade Assistance Center (SBTAC) which will offer shared office, virtual office, terminal logistics and storage needs to small -medium sized trade oriented businesses
The redevelopment Tract(s) fall with in the existing NJ Opportunity Zone
The proposed buildings/ storage facilities are located within a Foreign Trade Zone (FTZ) which provides provide import/ export tariff and duty benefits.
New market tax credits are available
Salem, NJ is also a designated agricultural municipality, which gives business access to USDA grants and loan program
Rail access/ spur which connects to CSX Tier 1 location
Local government will conduct dredging and bulkhead expansion to accept Small Handy Max Class Vessels

Presented by:

Carl  Adams,  e-Pro, GRI

Director

(215) 803-8507

(215) 803-8507

Click here to email

Listed by:

Clinton