New York & Tri-State + New Jersey + Industrial | February 19, 2021

Duke Pre-leases Piscataway Warehouse to Furniture Retailer

Duke Realty Corporation secured a long-term lease agreement with Bob’s Discount Furniture for its under-development, 622,230-square-foot distribution facility at 150 Old New Brunswick Rd. in Piscataway, NJ. The pre-leased industrial facility is expected to open this summer.

“We are thrilled that this premiere development project will meet the distribution needs of Bob’s Discount Furniture,” said Ben Rosen, VP of leasing and development for Duke Realty in New Jersey. “This lease transaction is another example of why Duke Realty continues to invest in developing state-of-the-art industrial distribution facilities in strategic, high-demand locations along the New Jersey Turnpike corridor.”

Bob’s Discount Furniture was represented by Scott Belfer with CBRE. Duke Realty was represented by Cushman & Wakefield’s Chuck Fern, Thomas D. Tucci, Frank Truesdell, Jason Barton and Stephen Shoemaker, and by Duke Realty’s own Cait English and Ben Rosen. Duke’s New Jersey portfolio runs to 8.2 million square feet.

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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 GlobeSt.com 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).