DEAL OF THE YEAR FINALISTS
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INDUSTRIAL
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BRIDGE POINT 78
PHILLIPSBURG Formerly a 365-acre Brownfield site which required extensive geotechnical and environmental remediation. Bridge redeveloped the former Ingersoll Rand manufacturing plant, in the townships of Phillipsburg and Lopatcong, into a Class A industrial warehouse campus that, once complete, will total 3.85 million square feet. Phase I, comprised of four warehouses totaling 2,177,554 square feet, is being sold as part of a $695 million national portfolio. * * * INVOLVED IN THE DEAL Bridge Development Partners, CBRE, JLL, and Hartford Investment Management |
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CROW HOLDINGS INDUSTRIAL BUILDS 925K SF
FRANKLIN TOWNSHIP Crow Holdings at Veronica Ave is a true trendsetter. With determination and creativity, Crow Holdings Industrial has developed a near-1-MSF warehouse property in a location that caters to industrial employees, and signed LG as a tenant—reshaping how we view industrial, and establishing Franklin Township as a viable industrial market. * * * INVOLVED IN THE DEAL Crow Holdings, 2020 Acquisitions, LG Electronics USA, Cushman & Wakefield, Maser Consulting, Peter Lanfrit, M+H Architects, Township of Franklin, Alston Construction, Riker Danzig Scherer Hyland & Perretti, LLP, Giordano, Halleran & Ciesla, and The Carlyle Group |
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PISCATAWAY LOGISTICS CENTER
PISCATAWAY Rockefeller Group’s redevelopment of a former brownfield site in Piscataway has opened a world of opportunities for companies seeking state-of-the-art warehouse and distribution facilities in a supply-constrained market, and introduced a concept that will potentially change the way developers and users approach industrial real estate. * * * INVOLVED IN THE DEAL Rockefeller Group, PCCP, M+H Architects, Langan Engineering and Environmental Services, Cushman & Wakefield, and Alston Construction |
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STEEL RUN LOGISTICS CENTER DEVELOPMENT AND HOME DEPOT BUILD TO SUIT
PERTH AMBOY Land acquisition and development of the Steel Run Logistics Center in Perth Amboy, NJ, including a 20-year build-to-suit lease with Home Depot, totaling 1.25M SF across two state-of-the-art distribution facilities. * * * INVOLVED IN THE DEAL Duke Realty, Cushman & Wakefield, CBRE and Home Depot |
