Binswanger Facilitates Sale of 115,000+ Square Foot Industrial Facility in Blackwood, NJ to DW Cabinetry

4/10/2025

Blackwood, NJ – April 9, 2025 Binswanger, a global leader in full-service commercial real estate, is pleased to announce the sale of the industrial property located at 90 Coles Road in Blackwood, New Jersey. The 115,691-square-foot manufacturing and distribution facility was sold by Revel Nail to DW Cabinetry.

Buildings of this size with substantial power capacity and ample parking are rare in Camden County and the broader South Jersey region, making this transaction particularly significant. The deal was brokered by Binswanger’s Mid-Atlantic team, led by Senior Vice President, Mike Torsiello, SIOR, and Senior Vice President & Partner, Chris Pennington with assistance from Sales Associate, Art Keegan. NAI Mertz’s Jon Klear represented the buyer in the transaction.

“The entire Mid-Atlantic team is grateful to Revel Nail for the opportunity to represent them in the disposition of this excellent property,” said Torsiello. “There continues to be strong demand for well-maintained owner-occupied facilities with robust distribution capabilities in the Southern New Jersey industrial market. We look forward to seeing what both DW Cabinetry and Revel Nail are able to accomplish on-site.”

“Opportunities for properties of this unique size have become scarce,” said Klear. “By leveraging our market expertise and strategic insight, we secured an asset that not only strengthens our client’s presence on the East Coast but also lays a solid foundation for long-term growth and enhanced operational efficiency. This is a strategic investment that will drive value for years to come.”

The property features three tailgate loading docks, one drive-in bay, and ceiling heights up to 17 feet. It offers abundant parking with 350 marked spaces, heavy power capacity, and a rooftop solar panel system. Strategically located off Route 42, the facility provides easy access to I-295, the New Jersey Turnpike, and the Walt Whitman and Benjamin Franklin Bridges.

Revel Nail will continue to occupy a portion of the facility for its manufacturing operations, while DW Cabinetry will utilize the warehouse component for its business needs.

About Binswanger

Binswanger is an employee-owned global commercial real estate firm focusing on highly challenged site acquisition/disposition requirements for major occupiers and assets since 1931. Founded by real estate innovator and pioneer Frank Binswanger Sr., the company operates with the understanding that real estate can strengthen businesses and transform communities. We pride ourselves on our unique ability to effectively solve the most challenging real estate complexities with creative solutions in acquisition, disposition, lease-up, project and facilities management, and finance. For more information, visit www.Binswanger.com.