NEW YORK CITY-As the state of New Jersey is about to officially rewrite the regulations on corporate business incentives, CBRE has “snagged” an executive from Jones Lang LaSalle that specializes in advising companies how to maximize tax breaks and other forms of state assistance.
Susan Harte has joined CBRE's Economic Incentives Group from Jones Lang LaSalle where she joins a five-person national team at CBRE, according to the Wall Street Journal. She declined in an interview with the newspaper to go into detail on why she left Jones Lang LaSalle last month, although she said she left the firm on good terms. "CBRE snagged me," she says.
With the New Jersey legislation that would expand the size of subsidies and broaden the range of eligible projects expected to be signed by Gov. Chris Christie, Harte believes brokerage firms will be busy advising clients on the new law.
"I think we're going to see a lot of activity" says Harte. "Corporate real-estate executives are always looking to reduce the cost of their footprint." See story in the Wall Street Journal.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
