Owners Council Q&A: Mark Shearer

Tenant activity for industrial has increased over the past few months and is closer to historic norms. We are seeing increased activity in the capital markets.

Owners Council Roundtable: Besides the capital markets, what is a major challenge that the industry still faces?

We posed the question to members of our 2024 Owners Council. Here’s what they had to say.

NAIOP New Jersey honors past, present and future leaders as annual President’s Awards draws packed crowd to Newark’s Gateway Center

Commercial real estate leaders flocked to downtown Newark on Monday for one of NAIOP New Jersey’s signature events, as the association honored a slate of highly regarded members and others that have helped support the industry in the Garden State.

Rockefeller eyes new 241,000 sq. ft. warehouse in Piscataway, its latest in the township

Rockefeller Group is set to build another distribution center in Piscataway, with plans to bring more than 241,000 square feet of modern logistics space to a former brownfield site.

Rockefeller eyes new 241,000 sq. ft. warehouse in Piscataway, its latest in the township

Rockefeller Group is set to build another distribution center in Piscataway, with plans to bring more than 241,000 square feet of modern logistics space to a former brownfield site.

Industrial tenants delaying lease decisions amid capital concerns, despite demand for new space

Industrial tenants are still yearning for the types of modern, high-end logistics spaces that have flooded the market in recent years. When they may actually sign a lease is not nearly as certain.

A major caveat

Most people I speak to about the industrial sector have kept a level head about the market’s recent pullback, using words like “normalizing” or “moderating” after the high-flying days of about three years ago. That perspective is to be commended,…

Rockefeller sells new 147,000 sq. ft. Piscataway warehouse to Bridge Industrial

Rockefeller Group has sold a new 147,000-square-foot distribution center in Piscataway to Bridge Industrial, following its completion of the building earlier this year.

Rockefeller Group project in Carneys Point taking shape with construction underway on two-building, 1.1 million sq. ft. logistics center

Two new warehouses are rising along Route 40 in Salem County, under a project by Rockefeller Group that will add more than 1 million square feet to the fast-growing industrial submarket.

NAIOP New Jersey honors seasoned executives, aspiring leaders at annual awards dinner, in show of strength for state’s commercial real estate industry

Commercial real estate leaders descended on East Rutherford on Monday night for NAIOP New Jersey’s annual President’s Awards and Hall of Fame Dinner, where the chapter honored a group of well-known executives and service providers for their contributions to the industry.