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New York & Tri-State  + Tri-State  + Industrial  |  August 9, 2023
Emily Fu
By: Emily Fu

Prologis Buys 47-Acre Somerset Land for Industrial Development 

Prologis has bought a 47-acre land in Somerset, New Jersey. The firm plans to develop an industrial space spanning approximately 436,900 square feet. The sale price was not disclosed.  

Located at 187 Davidson Avenue, the sustainable development, set to complete in 2024, will offer features like a 40-foot clear height and 190-foot truck court depth.  

The transaction was facilitated by a Colliers team led by Noah Balanoff, Mark Hay and Jacquelyn Severino. The team has also been selected as the leasing agents for the forthcoming property. 

Read More News Stories About: Prologis
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Inside The Story

Noah Balanoff

About Emily Fu

Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money. With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.
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