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Goodman Group Invests $100 Million in Jersey City Logistics Center

11/24/2025

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Summary

Story summary

Goodman Group acquired the Jersey City site in 2024 for between $90 million and $100 million.
Goodman Group demolished a 17-acre Jersey City site and secured planning board approval for the Goodman Logistics Center.
The development will comprise two buildings totaling 427,130 square feet at 125 Theodore Conrad Drive, scheduled to finish by the end of 2026.

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Story summary

Goodman Group acquired the Jersey City site in 2024 for between $90 million and $100 million.
Goodman Group demolished a 17-acre Jersey City site and secured planning board approval for the Goodman Logistics Center.
The development will comprise two buildings totaling 427,130 square feet at 125 Theodore Conrad Drive, scheduled to finish by the end of 2026.