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

Trammell Crow, CBRE IM Break Ground on Sayreville Industrial Complex

Trammell Crow Company (TCC) and joint venture partner CBRE Investment Management broke ground on Arsenal Trade Center, a 1,077,776-square-foot, three-building industrial development in Sayreville, NJ. The 74-acre site was acquired by the JV in June 2022. Construction is scheduled to be completed in late 2023. 
 
“The Central New Jersey industrial market continues to be an area that benefits from rising demand for Class A logistics space,” said Andrew Mele, managing director of TCC’s Northeast Metro office. “Tenants recognize the central location that this market offers, providing access to more than two million people within a 30-minute drive.” 

He added, “The size, scale and high-quality design of Arsenal Trade Center are unique attributes in this market that we believe will be attractive to today’s modern logistics user.” CBRE’s Thomas F. Monahan, Larry Schiffenhaus, Stephen D’Amato and Ben Shapiro will market and lease the property. 

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Inside The Story

TCC's MeleCBRE's Monahan

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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