Woodmont Industrial Partners, Sagard Real Estate break ground on redevelopment of Rahway site

June 26, 2026 - 21:55

Woodmont Industrial Partners, in partnership with Sagard Real Estate, has officially started construction on the redevelopment of a 25-acre industrial property in Rahway, New Jersey. The project marks a significant step in transforming an underutilized site into modern industrial space designed to meet growing logistics and distribution demands in the region.

The site, located at a key transit point in Union County, will be converted into a state-of-the-art warehouse and distribution facility. Plans include the construction of a single, large-scale building that will feature high ceilings, ample truck parking, and advanced loading dock configurations. The developers have emphasized that the new facility will target sustainability certifications, incorporating energy-efficient systems and environmentally conscious design elements.

Woodmont Industrial Partners, known for its focus on industrial real estate development, and Sagard Real Estate, a private equity real estate firm, have positioned the project to serve e-commerce, last-mile delivery, and light manufacturing tenants. The location offers direct access to major highways, including the Garden State Parkway and Interstate 278, making it attractive for companies needing quick connections to the New York metropolitan market.

Local officials have expressed support for the redevelopment, noting that it will generate construction jobs and long-term employment opportunities once operational. The project is expected to be completed within the next 18 months, with pre-leasing efforts already underway. No further details on specific tenants or financial terms were disclosed.