SOUTH BRUNSWICK, NJ—Clarion Partners and its joint venture partner, F. Greek Development, have launched the second phase of Park 130, a class A, three-building, master-planned industrial complex located off Exit 8A of the New Jersey Turnpike in South Brunswick, NJ. Clarion Partners is acting on behalf of a commingled fund managed by the firm.
Scheduled for completion in May 2017, Phase Two of the project will be a 187,600 square-foot building featuring cross-dock loading, 36-foot clear height ceilings and dedicated trailer parking. The first phase of Park 130, a 496,320 square-foot building with similar design features, was recently completed. Approvals also are in place for Phase Three, which will include a 296,000 square-foot, rear-load facility.
Clarion Partners has established a significant presence in the New Jersey industrial market, building and leasing six buildings totaling approximately 2 million square feet in the last two years.
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Steve Lubetkin
Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].
