Benjamin Rosen, vice president of leasing and development, Duke Realty
CARLSTADT/WOOD-RIDGE, NJ—Duke Realty is constructing a 193,805-square-foot industrial building at 5 Ethel Boulevard in Carlstadt/Wood-Ridge, NJ. The building, which is being developed on a speculative basis, will feature 36-foot clear height, 61-foot staging bays, 27 dock doors, ample trailer and car parking, and other logistics-enhancing features. 5 Ethel Boulevard is slated for delivery in February 2019.
“Industrial demand in Northern NJ and the Meadowlands continues to be strong as companies seek out distribution space in close proximity to the populous New York City metro area,” says Ben Rosen, vice president of leasing and development for Duke Realty in New Jersey. “However, there are very few functional availabilities in the market, including in our own portfolio. With 5 Ethel Boulevard, Duke Realty will be well-positioned to meet the needs of users looking for well-located, modern space on the doorstep of New York City.”
Duke Realty's building at 5 Ethel Boulevard is only minutes from New York City via the Lincoln Tunnel and George Washington Bridge and just .36 miles from the Wood-Ridge NJ Transit Station with rail service to New York City's Penn Station. The building is close to several arterial highways including I-95, I-80, Rt-17, Rt-3 and Rt-46, and has potential for Norfolk Southern rail connectivity.
Duke Realty currently owns or has under development 5.7 million square feet of industrial properties in New Jersey. On a nationwide basis, Duke Realty Corporation owns and operates approximately 150 million rentable square feet of industrial assets in 21 key US logistics markets.
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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].
