At a time when industrial space is as hard to come by as it has been in ages, a big player in the space made a major acquisition in New Jersey. Where exactly, it won’t say. Ares Industrial Real Estate Income Trust, a subsidiary of Los Angeles–based Ares Management, paid $138.5 million for a 557,000-square-foot industrial complex it calls I-80 Logistics Park, according to SEC filings. Interstate 80 runs across the entire northern half of
Robert Khodadadian is an experienced commercial real estate broker in New York City and founder of Skyline Properties. Skyline Properties specializes in off-market or “quiet” real estate transactions, allowing buyers and seller to bypass traditional avenues and extraneous expenses of high-profile listings in the New York City area. Commercial Real Estate, Cross Post, Home Page, Industrial Real Estate, New Jersey The Real Deal New York Read More