McGowan reps Misfits Market in 140,800 SF lease of Warehouse, Pennsauken, NJ

Misfits Market Inc., a direct-to-customer delivery service of produce, signed a long-term lease on 140,800 square feet at 500 Griffith Morgan Lane in Pennsauken, N.J., and will relocate from Philadelphia to use the building as a new headquarters and cold-storage distribution facility. This location will serve as the new headquarters and distribution center for Misfits Market, Inc., the fastest-growing direct-to-customer produce delivery service. Misfits Market ships delicious, fresh, and affordable misfit fruits and vegetables throughout the East Coast while breaking the cycle of food waste. The company’s groundbreaking business model makes healthy food more accessible to underserved communities and supports sustainable farming operations throughout the Americas. Since its founding in 2018, Misfits Market has rescued more than 2.5 million pounds of produce that would have gone to waste.

Industrial Investments Inc. owns the building and represented the company in the lease.

Misfits Market, Inc. was represented by Kevin McGowan of McGowan Corporate Real Estate Advisors. McGowan Corporate Real Estate Advisors helps companies build profitable supply chain networks that maximize margins. McGowan represent corporations (typically retailers, food, e-commerce, and 3PLs users) in the fulfillment of their industrial and office property needs around the country. McGowan is the founder of the SIOR (Society of Industrial and Office Real Estate) Independent Broker Group, a Fellow of IAMC (Industrial Asset Management Council), and Past President of the Delaware Valley Chapter of WERC (Warehouse Education Research Council).

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McGowan Corporate Real Estate Advisors