HISTORY

Since its inception, Forsgate has predicted, and taken advantage of, transitions in the supply chain.  In the 1960’s, as manufacturing companies started to leave the cities, Forsgate assembled land in what is now known as the Meadowlands, an area in New Jersey immediately adjacent to New York City.  It was the availability of land, and the resulting functional features that could be programmed into these facilities, which attracted tenants. In the 1970’s, as regional commerce switched from manufacturing to distribution, facilities began to grow in size, sometimes reaching over 100,000 square feet.  In the 1980’s, companies started to distribute on a national basis, and the supply chain left particular metropolitan areas in search of a place to reach as many customers as possible in the shortest time. Usually our tenants’ products were being manufactured in another part of the country, but were distributed in the rich markets of the Northeast.  At this time Forsgate purchased over 500 acres at the well situated exit 8A of the New Jersey Turnpike, halfway between Boston and Washington DC.  This allowed us to produce buildings for companies that were making that transition from manufacturing to distribution.  In the 1990’s, Exit 8A became a place for the integration of offshore manufacturing into the supply chain. As more and more goods were being produced in Asia, the Port of NY/NJ became a critical piece of the distribution puzzle and Forsgate’s locations and state of the art features allowed us to take advantage of this trend.  By this point, market projects were approaching 1,000,000 square feet.

In the 21st century, Forsgate’s focus continues to evolve.  We have seen a renewed interest in sites closer to the urban cores and we are taking advantage of it.  Going back to areas like the Meadowlands, where we started, we are introducing a new kind of building into the distribution equation. The focus is on reconstruction of previously developed properties. This is the kind of project which our local knowledge and expertise allows us to be able to produce. 

Making investments in off-market, underutilized sites in premiere locations, taking advantage of in place infrastructure and access to critical transportation networks, allows us to build high quality buildings in high quality locations. Our strategy is also driven by our forward commitment to rebuilding the older areas of our communities to service the evolving needs of our customers.  It is good policy, it is good business; every body wins. 

Forsgate Industrial Partners: one step ahead, again.

A HISTORY OF GROWTH