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New York & Tri-State  + New Jersey  + Industrial  | 

Duke Signs 950K SF of Leases in Exit 8A Corridor

The New Jersey office of Duke Realty Corporation signed lease agreements totaling 950,000 square feet for two neighboring distribution facilities in Cranbury, NJ, within the high-demand Exit 8A submarket. Cooper Electric has entered into a long-term lease agreement for the 650,123-square-foot facility at 315 Half Acre Rd., while Comptree is leasing the 300,142-square-foot facility at 311 Half Acre Rd.
 
“Duke Realty continues to see significant demand in New Jersey for modern distribution space – especially for facilities along the New Jersey Turnpike Corridor,” said Ben Rosen, VP of leasing and development for Duke Realty in New Jersey.
 
Cooper Electric was represented by Jules Nissim with Cushman & Wakefield. Comptree was represented by Richard Marchisio and Drew Maffey with Lee & Associates. Duke Realty was represented in both leases by a CBRE team of Mindy Lissner, William Waxman, David Gheriani, Robert Pine and Kevin Dudley.

For comments, questions or concerns, please contact Paul Bubny

Read More News Stories About: Lee & Associates
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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 16-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 7-10 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).

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