“This property represents one of the largest concentrations of approved land in the coveted Lehigh Valley area of the Interstate 78/81 Corridor,” says CBRE's Brian Fiumara.
“Center City is coming off a record year in total construction completions in the downtown market, with 1,624 new units delivered in 2016, and absorption was strong in 2017,” says Jared Jacobs, Cushman & Wakefield's research manager.
“Technology is revolutionizing the commercial real estate industry, and Eastern Union is ahead of the curve with our game-changing solutions,” says Ira Zlotowitz, president of Eastern Union Funding.
“Strong investor interest in new construction, vacant-forward sales, and institutional buying off of I-95 speaks to the depth of demand for all things industrial in New Jersey,” says Gary Gabriel, executive managing director, Cushman & Wakefield.
"While many of our municipalities' downtowns have seen an increase in interest and investment over the past several years, many others are still in desperate need of commercial revitalization," says Courtenay Mercer, DNJ executive director.
“The construction supply industry is booming, and our client's business is growing exponentially,” says Cushman & Wakefield's Jason Barton, who also recently assisted HD Supply in a lease renewal in North Bergen, NJ.