XPO Logistics Takes 526K SF at Prologis NJ Facility
XPO Logistics signed a 526,400-square-foot lease at Prologis’ 115 Interstate Boulevard in South Brunswick, NJ. The multi-national contract logistics company provides outsourced services to major corporations around the world.
The property is a big box industrial warehouse, located in the NJ Turnpike Exit 8A submarket. The building previously served as the Tory Burch Distribution Center, and prior to that was the distribution center for Children’s Place.
Lee & Associates’ Dave Saltzman arranged the lease transaction.
Saltzman says “Our client was looking for space that would allow them to serve the northeast and mid-Atlantic regional markets, have easy access to the NJ Turnpike corridor, and close proximity to Port Newark/Elizabeth.” He also noted, “This wasn’t a straight lease transaction, so some extra steps were needed. We had to work closely with Prologis, the property owner, to unravel a sublease of a sublease, in order to complete this long term transaction.”
Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services.
In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company.
In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix.
Dennis’s agency background included firms such as 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, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.
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