PISCATAWAY, NJ—Best Buy will lease a 725,000-square-foot building being constructed at the Rockefeller Group Logistics Center, a 228-acre site in Piscataway, NJ.
“Signing a lease with a high-caliber company like Best Buy at the Rockefeller Group Logistics Center validates our vision for the master-planned development as one of New Jersey's largest and most sought-after distribution hubs,” says Clark Machemer, senior vice president and regional development officer for Rockefeller Group's New Jersey/Pennsylvania operations. “Furthermore, the company's decision to take space in Piscataway is a testament to the market's recognition of the Interstate 287 corridor as the next frontier for well-located industrial development in the state.”
Best Buy—now the first official tenant of the Logistics Center—will fully occupy the new building. Through the opening of its new logistics facility, Best Buy says it will move more than 300 Best Buy and third-party jobs to Piscataway.
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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].
