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Industrial Leases, Sale in Central Jersey Underscore Logistics Demand

SOUTH BRUNSWICK, NJ—Two new leases and one sale involving 672,000 square feet of industrial space brokered by Cushman & Wakefield in central New Jersey underscore the continued strong demand for distribution facilities close to the New York metropolitan area, says Cushman & Wakefield's Chuck Fern, who led the team that brokered all three deals.

By Steve Lubetkin | Updated on December 02, 2015

SOUTH BRUNSWICK, NJ—Two new leases and one sale involving 672,000 square feet of industrial space brokered by Cushman & Wakefield in central New Jersey underscore the continued strong demand for distribution facilities close to the New York metropolitan area.

Properties involved were 380 Dean Rhode Hall Road in South Brunswick and 9 Finderne Avenue in Bridgewater, where space was leased, and 1532 South Washington Avenue in Piscataway, which was sold.  Chuck Fern, executive managing director, led the Cushman & Wakefield team, which also included Jason Barton, vice president.

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