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Crow Holdings Taps JLL to Lease Industrial Park with NJ Turnpike Access

JLL has been retained by the partnership of Crow Holdings Industrial, 2020 Acquisitions and The Carlyle Group as the exclusive leasing and marketing agent for Millstone 8 Logistics Center, a 1,220,000-square-foot, two-building master-planned industrial park in Millstone, NJ. The two-building property in Monmouth County is located near Exit 8 of the New Jersey Turnpike, some eight-and-a-half miles farther south than the Exit 8A submarket.

Rob Kossar and Joel Lubin, vice chairmen; and Nate Demetsky and Leslie Lane, executive managing directors, will lead the JLL team leasing the property.  

“This is an extraordinary opportunity for logistics tenants to secure state-of-the-art space with unparalleled transportation access in the center of New Jersey,” said Kossar. “Given the acceleration of absorption over the past 24 months, the project will provide a temporary relief valve for inventory constraints while affording tenants separation from increasing traffic congestion and labor competition at Exit 8A.” 


Inside The Story

connect with JLL’s Kossar

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).

  • ◦Lease
  • ◦Development