The re-signing was handled as a collaboration between JRT RealtyGroup Inc., a New York City-based firm, in a strategic alliancewith Cushman & Wakefield of NJ. JRT founder and president JodiPulice, and EVP Greg Smith, along with C&W's Frank Caccavo,Jason Goldman and Andrew Siemsen repped the ownership, a fundmanaged by TIAA-CREF. JRT and C&W is the exclusive leasingagent for the property.
"Monroe is recognized as a premier W/D hub," Pulice says."Retail giants with large distribution and office centers, likeStaples, value the market's proximity to major consumermarkets."
Goldman says that "Middlesex County remains at the center ofdemand for industrial space, accounting for more than two-thirds ofthe state's total activity last year. This historically strongsubmarket remains one of the most desirable in New Jersey."
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