CBRE is detailing a health care services company’s new 115,000-square-foot sublease in Bridgewater, as the tenant consolidates its footprint following a recent merger.
Freezer, cooler space in high demand in New Jersey, as users face a lack of supply
Demand for cold storage warehouse space nationwide, and particularly in the Garden State, is on fire, largely because of rising online fresh grocery sales and changing consumer preferences for fresher foods. Meeting that demand could prove challenging — given the cost and complexity of such projects and the need for specialization — but some developers are positioning themselves to be ready when users come calling.
Keys to CBRE’s successful property management strategy
Over the past two decades, property management has evolved into a science requiring expertise in a variety of disciplines — from capital allocation to engineering and business development. Success requires a strong team of professionals and a thorough understanding of each and every asset under management.