By Joshua Burd
Noah Balanoff has joined Colliers International Group as an executive managing director, as part of an expansion of its industrial and supply chain platform in New Jersey.
The industrial broker joins Colliers’ Parsippany office after most recently serving as a senior vice president at CBRE, according to a news release. He has represented institutional property owners, as well as national and regional companies in their industrial and supply chain and logistics-related requirements.
“We are thrilled to have Noah join our team and become an integral part of our expansion within the industrial sector,” David A. Simon, the firm’s executive managing director and New Jersey market leader, said in a prepared statement.
Prior to joining CBRE, Balanoff was an associate director with Cushman & Wakefield in New Jersey, where he was a member of the industrial transactions and Global Supply Chain Solutions practice groups, the news release said. His specialty is the sale and leasing of warehouse and distribution facilities, with a focus on the New Jersey Turnpike corridor, primarily in the Interchange 8A/7A, Port Newark/Elizabeth and Meadowlands submarkets.
“One of Colliers’ key goals is to continue the growth of their robust industrial and supply chain platform,” Balanoff said. “I look forward to leveraging my background and experience in the industrial sector of New Jersey real estate to help deliver that next-level expansion.
“I am so confident because the opportunities in New Jersey, the third-largest industrial market in the U.S., are unparalleled. The institutional community — investors, developers and corporate occupiers — not only want to be here but, in most cases, need to be here. And the Turnpike corridor, specifically, is a prime industrial hub, recognized nationally and globally.”
The Ramsey resident is a graduate of the University of Albany, Colliers said. He is a Certified Commercial Real Estate Investment Member.