Central NJ Land Acquired by Mapletree | Logistics M&A Deal

Mapletree has acquired Central NJ Land, a logistics other development site in New Jersey, for $953K. The Central NJ Land acquisition supports logistics M&A expansion through a planned 953,000-square-foot logistics development footprint. Mapletree acquisitions in NJ acquisitions target industrial and transportation demand by converting underutilized land into modern distribution space. The platform acquisition is announced and sized under $10M, reflecting a private equity acquisition strategy for scalable logistics deals NJ.