X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

SOUTH BRUNSWICK, NJ-The Schultz Organization/TCN Worldwide, based in Woodbridge, NJ, has been tapped by Crow Holdings to manage two more of the Texas-based institutional owner’s industrial properties in the Garden State, totaling just over 470,000 sf. The new assignment brings to more than 700,000 sf the amount of space Schultz is handling for Crow in New Jersey.

The buildings, both located in this Middlesex County community in Central New Jersey, include 112 Melrich Rd., which totals 245,528 sf of industrial space. The building is currently fully occupied by FNS Logistics Service Inc.

The second building is immediately adjacent to the first–the 224,787-sf 114 Melrich Rd. International School Services occupies just over 26,000 sf in the facility, with the remaining space currently being marketed for lease. Company officials say they are close to announcing new tenants.

“We are pleased to have been awarded this significant assignment from Crow Holdings and to expand our portfolio of managed properties for them,” according to Joe Swingle, Schultz senior vice president who’s leading the property management assignment.

The assignment boosts Schultz’s total portfolio of managed/leased properties beyond the 14.5-million-sf mark. The company’s client list includes Principal Global Investors, Townsend Capital, Nationwide Insurance and Geometry Realty, according to Swingle.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.