Industry veteran Brian Banaszynski has joined Transwestern’s national development arm, where he will spearhead the firm’s expansion into the Northeast industrial market.
Brian Banaszynski, the president of Heller Industrial Parks for the past five years, has left the Edison-based company.
A distributor of industrial products has leased 90,000 square feet in Edison, in one of nearly three dozen transactions that helped Heller Industrial Parks maintain full occupancy in 2017.
The state’s industrial market is firing on all cylinders, but just how long will it last? A panel of leading owners and brokers tackled that very question last week, gauging everything from rental rates to the demand from institutional investors. And while the recent political turmoil has created some uncertainty, they said New Jersey’s location and the growth of so-called last mile distribution needs will ensure the market’s continued strength in the year ahead.