Page 7 - RE-NJ

™ 5
CONT E N T S
SUMMER 2025
Features
26 Going Global
Inside the growth of Asian logistics fi rms in New
Jersey’s industrial market
30 Breaking
Ground
Profeta kicks
off 300,000 sq.
ft. expansion
of existing
400,000 sq. ft.
warehouse for consumer goods giant
32 Welcome to Warren
Canoe Brook debuts 220-unit luxury rental property,
fi lling a key housing need for township
34 A New Solution
Supportive housing advocates, developers hope state
law will spark major expansion of special needs units
Departments
12 The Briefi ng
SJP breaks ground on Nokia Bell Labs tower
at HELIX campus, plus other top stories in
commercial real estate
16 Deal Sheet
A roundup of CRE leases, sales and fi nancing
20 Policy Page
Shaping the future: Top CRE policy priorities for
New Jersey’s next governor
22 Roundtable
Tell us about a new design or construction trend
that you’re seeing in the industrial sector
ON THE COVER: Asia-based
third-party logistics fi rms
have played an increasingly
important role in New Jersey’s
industrial sector, creating
new demand and helping to
fi ll excess inventory after a
recent wave of speculative
construction.
90,720 SF - 332,640 SF FOR LEASE
LINCOLN LOGISTICS BAYONNE
1 0 1 P O R T L I N C O L N R O A D , B A Y O N N E , N E W J E R S E Y 0 7 0 0 2
NEW YORK CITY
±5.4 ACRES OF PARKING
332,640 SF AVAILABLE
F O R M O R E S C H E D U L E I N F O R M A T I O N A T O U R O R T O
C O N TA C T:
THOMAS F. MONAHAN
Vice Chairman
+1 201 712 5610
[email protected]
LARRY SCHIFFENHAUS
Executive Vice President
+1 201 712 5809
[email protected]
BRIAN GOLDEN
Executive Vice President
+1 201 712 5607
[email protected]
D I V I S I O N P O S S I B L E // A D D I T I O N A L ± 5 . 4 A C R E S O F PA R K I N G AVA I L A B L E
NEW CONSTRUCTION AVAILABLE NOW
l i n c o l n l o g i s t i c s b a y o n n e . c o m