New York & Tri-State + New Jersey + Industrial | June 3, 2021

Linden Logisitics Center Building E Linden NJ

Linden Logistics Center Signs First Major Lease

The first major lease has been signed at Linden Logistics Center in Linden, NJ. World Distribution Services will occupy 480,844 square feet for its Northeast distribution center at Building E in phase 1 of the project, being developed byAdvance Realty Investors, Greek Development and PGIM Real Estate.

CBRE’s Mindy Lissner, William Waxman and Kevin Dudley spearhead the leasing campaign at Linden Logistics Center and represented ownership in leasing negotiations. Their colleagues Jon Casella and David Gheriani acted on behalf of World Distribution Services.

“The quality of Linden Logistic Center speaks for itself and was the key reason for World Distribution Services’ decision to be the first major tenant at the complex,” said Lissner. “This deal also demonstrates the dominance of New Jersey’s industrial market where Class A logistics space is in short supply. As a result, a distribution facility like Linden won’t stay on the market for very long.”

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Inside The Story

CBRE’s Lissner

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).

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