Cushman & Wakefield has been selected to exclusively market the sale of the Infill Core NJ/NY Portfolio. This opportunity presents the unique opportunity to obtain four newly constructed Class A, infill facilities just outside the Metro New York City market. Recent changes in migration trends have highlighted the suburbanization of many major markets around the USA, with city dwellers moving from the urban core and relocating their families to suburbs in the surrounding communities.
This opportunity with facilities in Kearny, Staten Island, Piscataway, and Somerset provides the ability to capitalize on this new normal. With two properties open for business and Staten Island and Somerset delivering in 3Q 2021 the portfolio provides over 22 acres with 5,312 units and 475,033 Net Rentable Square Feet in one of the nation’s most high barrier to entry markets, minutes from New York City.