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

JV Launches Spec Industrial Along Exit 8A Corridor

A joint venture between Accordia Realty Ventures LLC and a separate account client of EverWest Real Estate Investors LLC has begun construction on the 203,488-square-foot 85 Stults Rd. in Dayton, NJ. A JLL team of Joel Lubin and Brian Golden will market the property, being developed adjacent to the fully leased 83 Stults Rd.

The team of Lubin and Golden has worked with the JV since the venture acquired 83 Stults and the land for 85 Stults in February 2017. At the time, the land for 85 Stults was not entitled, “but the site is adjacent to the New Jersey Turnpike’s Exit 8A, in the midst of the hottest industrial market in the state, and there is very little supply in this submarket,” said Golden.

Lubin and Golden worked closely with Accordia’s Joseph Romano and Jason Bogart and EverWest’s Mark Bigarel on the acquisition and planning of 85 Stults.

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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 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).