Stanker & Galetto on March 26 announced the completion of construction on Phase Two of their industrial warehouse facility in Delanco Township, Burlington County.
The current home to online grocer Misfits Market’s headquarters, in the fall of 2019 Stanker & Galetto set out to develop 255,000 square feet of warehouse space to sustain the market’s operational growth. Stanker & Galetto presented Misfits with an opportunity for a new build comprised of two phases. The initial 159,000 square feet phase one construction project was completed in August of 2020, and the second phase, adding an additional 95,000 square feet of space to Misfits Markets warehouse was completed in February 2021.
The former site of the Dietz & Watson facility which was destroyed by fire in 2013, is a partnership with RLS Logistics, and shares warehousing and freezer space on the lot. This will enable Misfits Market to expand their growing food distribution services nationwide.
“The ability to make an impact in the Delanco community made this an attractive redevelopment project for us. We could not be more pleased with the outcome of the project to support the growth of two of South Jersey’s most exciting growth companies in RLS Logistics and Misfits Market and in a community that needed a strong rebound after the loss of Dietz & Watson.” adds Ethan Byler, executive vice president of Stanker & Galetto.
“On the heels of our Series B, we wanted to invest in scaling our operations but needed a development partner who could execute with precision and keep up with our lightning-fast pace,” said Chris Nelson, Chief Operating Officer at Misfits Market.
The development project has created an incredible opportunity for the Township of Delanco, during a time when many businesses find themselves under severe stress as a result of the economic fallout of a global pandemic.
The redevelopment project with Misfits Market is an ideal situation for the Township, County, and South Jersey. More than 300 employees moved from the Philadelphia location to the new headquarters, and an additional 300 jobs have been added since August. More than 400 of the workers Misfits employs are located right here in South Jersey, utilizing public transportation services such as the local Riverline to get to and from the workplace.