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New York & Tri-State  + New Jersey  + Industrial  | 
Crow Holdings Carteret will encompass 1.2 million square feet of industrial development near the NJ Turnpike

Crow Holdings Breaks Ground on 1.2M-SF Spec Industrial in Carteret 

Crow Holdings Development broke ground on Carteret Crow Holdings, a 126-acre property in Carteret, NJ, that will include three buildings and 1.2-million-square-foot of speculative development. Cushman & Wakefield’s Stan Danzig, Jules Nissim and Kim Bach will lease the space. 
Located in Northern New Jersey, among the most land-constrained markets for industrial development, the property will bring the region logistics space in a prime spot near Exit 12 of the New Jersey Turnpike. With the unprecedented demand for distribution centers in recent years, industrial vacancies have consistently hovered near zero. 

“Logistics and industrial real estate development continue to be economic drivers for any region, especially with the growth of e-commerce from consumers and importance of supply chain management for companies – and especially in Carteret, where a parcel of this size on the Turnpike presents a very compelling opportunity,” said Clark Machemer, Crow Holdings Development’s senior managing director for the Northeast region. 


Inside The Story

Cushman & Wakefield's DanzigCrow Holdings' Machemer

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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