Page 3 - RE-NJ Aug2020

REALESTATENJTM 1
CONTENTS
AUGUST 2020
Features
10 WellnessCenters
Health, quality of life a growing focus in designing
warehouse and logistics buildings
12 Home-Grown
City native spearheading long-awaited
redevelopment at Elizabeth transit site
14 OnTheVerge
SJP, Scotto eye groundbreaking after sealing approvals for Morristown office
16 Growth Mode
Duke Realty eyes continued expansion with
projects in New Jersey’s top industrial markets
Departments
4 The Briefing
Merck spinoff, AIG ink leases for Jersey City office tower, plus
other top stories in commercial real estate
8 Deal Sheet
A roundup of CRE leases, sales and financing
18 Policy Page
Government officials not acting fiduciarily responsible
19 Roundtable
How will industrial building design, construction or
functionality change in 2021?
20 People on the Move
New hires and executive moves
24 Project Updates
BNE, local officials break ground on first phase of major
redevelopment in South Amboy
ON THE COVER: Rockefeller Group, which developed a 2.1 million-square-foot industrial park in Piscataway, worked with Kuehne + Nagel to design and build a facility in the complex that emphasizes employee health and safety. The logistics firm occupies nearly 200,000 square feet at 200 Ridge Road, which is designed to achieve gold certification by the International WELL Building Institute and platinum certification on the U.S. Green Building Council’s Leadership in Energy and Environmental Design scale.
Providing Great Direction for 30 Years.
Founded by a group of veteran commercial real estate professionals, Resource Realty has offered unparalleled service to hundreds of businesses – from small companies to major corporations. Our unique approach of assigning a principal to each client provides the right kind of direction to ensure the most successful outcomes.
Tom Consiglio, SIOR Jim Davis, SIOR
Tom Nuara Andy Rudoff
Principals of Resource Realty
RR
Resource Realty
Corporate Real Estate Services
Resource Realty of Northern New Jersey
299 Cherry Hill Road | Suite 202 | Parsippany, NJ 07054 Phone: 973-299-0900
Resource Realty of Central New Jersey
1203 U.S. Highway 9 South | Woodbridge, NJ 07095 Phone: 732-225-0300
Resource Realty of Southern New Jersey Resource Realty of Pennsylvania
124 East Camden Avenue | Suite A | Moorestown, NJ 08057 Phone: 856-727-0700