EAST RUTHERFORD, NJ — Cushman & Wakefield has announced the addition of more than 2.2 million s/f in New Jersey property management assignments, continuing a period of notable growth for the firm’s regional Asset Services practice. According to Michael Nevins, managing director, the three new agencies dovetail with continued strong investor activity and record user demand in the state’s thriving industrial market.
“Among the new assignments, Cushman & Wakefield Asset Services was appointed to manage a portfolio of six Northern New Jersey industrial properties totaling 963,000 s/f.” In the Tpke. Exit 8A market, Cushman & Wakefield is managing a 734,000 s/f asset that an affiliate of Zurich Alternative Asset Management recently purchased at 355 Davidson Mill Rd. in Monroe.