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Article: Rockefeller sells distribution hub.
- Article from:
- Real Estate Weekly
- Article date:
- February 27, 2008
CopyrightCOPYRIGHT 2008 Hagedorn Publication. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Rockefeller Group Development Corporation (RGDC) and IDI have sold 324 Half Acre Road, a newly constructed, 680,000 s/f Class A distribution facility in Cranbury, to San Antonio-based US Industrial REIT II, announced Cushman & Wakefield, Inc.
Stan Danzig and Jules Nissim of Cushman & Wakefield's East Rutherford, N.J., office orchestrated the disposition with the firm's Metropolitan Area Capital Markets Group.
With Foreign Trade Zone status and visibility from the New Jersey Turnpike, 324 Half Acre Road features cross docking and 36-foot clear ceilings. Kuehne & Nagel, Inc., one of the world's leading logistics companies, leased 443,803 square feet at the ...