"We're focusing on those companies that need proximity to theports of Newark and Elizabeth and Newark International Airport,"Mindy Lissner, first vice president of CB Richard Ellis, tellsGlobeSt.com. CBRE's New Jersey Industrial Team, based in Iselin,NJ, has the marketing/leasing exclusive for the project.

Phase one, which will build out to upwards of 1.2 million sf,will occupy 61 acres of a brownfield site being redevelopment bySlayton. The original plan for the first phase is for threebuildings ranging from 270,000 to 560,000 sf. Total potentialbuild-out for all phases is estimated to be three million sf.

"But because of the timing, we can entertain any type ofbuild-to-suit," according to Lissner. "Nothing's set in stone. Wewill also be able to accommodate special uses, includingrefrigerated or freezer warehouses, air freight facilities, as wellas standard high-bay distribution centers.

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