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CARTERET, NJ-A team of industrial brokers from CB Richard Ellishas picked up exclusive leasing assignment for iPort 12International Trade & Logistics Center, a 1.3-million-sfwarehouse/distribution complex here. As reported by GlobeSt.com,Panattoni Development Co. broke ground for the speculativeindustrial project in October. Steel is current rising for theproject, which is located just east of the New Jersey Turnpike andtakes the numerical portion of its name from Exit 12 of thesuperhighway.

"This is an unparalleled redevelopment project situated in theheart of a nationally recognized market," says CBRE senior vicepresident Mindy Lissner. Lissner is handling the assignment withCBRE first vice presidents Lou Belfer and Scott Belfer, salesassociate Stacey Weinberg and project manager Susan Strauss.