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

Rockefeller Buys 228-Acre NJ Site, Plans Industrial Development

New York-based Rockefeller Group acquired a 228-acre industrial property in the Township of Piscataway, NJ from a partnership between Lincoln Equities Group and Real Capital Solutions. The site, which is fully-entitled for development of 2.4 million square feet of industrial distribution and light manufacturing space, was purchased for $57 million.

Rockefeller Group plans to break ground on two new buildings later this summer with an overall project cost between $225 and $250 million. The fully remediated property is located at 171 River Rd. off Interstate 287, roughly 40 miles southwest of New York City.

Lincoln and Real Capital acquired the brownfield site in 2014, which had been vacant since the 1960s. They developed a site plan and secured development rights to construct up to eight buildings ranging from 250,000 square feet to 700,000 square feet.

Cushman & Wakefield’s David Bernhaut represented the sellers.

For comments, questions or concerns, please contact Dennis Kaiser

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About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

  • ◦Development
  • ◦Sale/Acquisition
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