Premier Industrial commercial real estate news, analysis, trends and information including warehouse, distribution, logistics, e-commerce, self storage and R&D space deals and players.
The NJ Opportunity Zone Marketplace is an online portal to connect investors across the country with projects in New Jersey's 75 Opportunity Zone municipalities.
CBRE forecasts the national flexible office space will expand to approximately 13% of office space by 2030, reaching up to 600 million square feet. Even in a low-growth scenario, CBRE sees flexible office space claiming up to 6.5% of the market by 2030.
The $30-million redevelopment project is also home wholesale roofing distributor ABC Supply Co., Inc., which signed a 30,000-square-foot lease at the property in December 2019.
The company will purchase two adjoining sites next to its current manufacturing facility in the Scott Technology Park to construct a new 200,000-square-foot facility, state officials said.
Leading the way were the cities of Orlando and Miami, which ranked number one and two respectively in terms of private-sector job growth in the first eight months of this year.
13 Aaron Way is the largest lot in the White Lake Commerce Park and the only one to feature direct access to rail siding. Tomco Construction plans to construct a modern industrial building on the site.