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2015-11-22T00:00:00.000Z

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Wrong Marc Petrella?

Marc Petrella

Senior Analyst

Cushman & Wakefield Inc

Direct Phone: (732) ***-****       

Email: m***@***.com

Cushman & Wakefield Inc

1290 Avenue Of The Americas 8Th Floor

New York, New York 10104

United States

Company Description

Cushman & Wakefield is a leading global real estate services firm that helps clients transform the way people work, shop, and live. The firm's 43,000 employees in more than 60 countries provide deep local and global insights that create significant value ... more

Find other employees at this company (21,343)

Background Information

Employment History

Senior Director
Cushman & Wakefield Inc

Leasing
Prologis, Inc.

Vice President - Leasing
Keystone Property Trust

Senior Associate
CB Richard Ellis Inc

Education

bachelor's degree
economics and business
Lafayette College

Web References (51 Total References)


Articles / Tips | industrialspacebergencounty.com | Just another WordPress site

industrialspacebergencounty.com [cached]

The market for industrial space in the area faces a similar dynamic of rising demand and limited supply, said Marc Petrella, a senior analyst with Cushman & Wakefield.

As the midpoint between New York and Philadelphia, and on a larger scale between Boston and Washington, D.C., the local industrial real estate market is in a promising position, he said.
The market, consisting largely of warehouses and manufacturing sites, is concentrated along the Turnpike in two submarkets surrounding exits 7A and 8A, Petrella said, and the area has seen a lot of growth and is primed for further expansion.
...
"You keep hearing about all the companies bringing their operations back toward population centers," Petrella said. New Jersey, with its dense population and surrounding metropolitan areas, is one of those centers, he said.
The market for industrial space in the area was weak through 2009 and 2010, but has recovered since 2011, he said. Vacancy in the warehouse market is about 8 percent currently, he said. The 1.2 million-square-foot Amazon warehouse under construction in Robbinsville is a promising sign for future industrial development in the area, Petrella said.
"The continued growth in ecommerce for traditional retailers is good for New Jersey just based on where New Jersey sits," Petrella said.
...
"Anytime you're in single-digit vacancy numbers, that's a pretty healthy number," said Marc Petrella, a Cushman senior director.
...
In northern New Jersey, the industrial market is particularly active in not only the Meadowlands, which Petrella called "ground zero" for that real estate sector, but also Teterboro, Carlstadt, Port Newark/Elizabeth and, no joke, New Jersey Turnpike exits.
...
Mark off an area to be used as your receiving dock and a second area to be used as your shipping area.


Commercial market going strong, especially in Mercer County, real estate agents say | industrialspacebergencounty.com

industrialspacebergencounty.com [cached]

The market for industrial space in the area faces a similar dynamic of rising demand and limited supply, said Marc Petrella, a senior analyst with Cushman & Wakefield.

As the midpoint between New York and Philadelphia, and on a larger scale between Boston and Washington, D.C., the local industrial real estate market is in a promising position, he said.
The market, consisting largely of warehouses and manufacturing sites, is concentrated along the Turnpike in two submarkets surrounding exits 7A and 8A, Petrella said, and the area has seen a lot of growth and is primed for further expansion.
...
"You keep hearing about all the companies bringing their operations back toward population centers," Petrella said. New Jersey, with its dense population and surrounding metropolitan areas, is one of those centers, he said.
The market for industrial space in the area was weak through 2009 and 2010, but has recovered since 2011, he said. Vacancy in the warehouse market is about 8 percent currently, he said. The 1.2 million-square-foot Amazon warehouse under construction in Robbinsville is a promising sign for future industrial development in the area, Petrella said.
"The continued growth in ecommerce for traditional retailers is good for New Jersey just based on where New Jersey sits," Petrella said.


Commercial market going strong, especially in Mercer County, real estate agents say | industrialspacebergencounty.com

industrialspacebergencounty.com [cached]

The market for industrial space in the area faces a similar dynamic of rising demand and limited supply, said Marc Petrella, a senior analyst with Cushman & Wakefield.

As the midpoint between New York and Philadelphia, and on a larger scale between Boston and Washington, D.C., the local industrial real estate market is in a promising position, he said.
The market, consisting largely of warehouses and manufacturing sites, is concentrated along the Turnpike in two submarkets surrounding exits 7A and 8A, Petrella said, and the area has seen a lot of growth and is primed for further expansion.
...
"You keep hearing about all the companies bringing their operations back toward population centers," Petrella said. New Jersey, with its dense population and surrounding metropolitan areas, is one of those centers, he said.
The market for industrial space in the area was weak through 2009 and 2010, but has recovered since 2011, he said. Vacancy in the warehouse market is about 8 percent currently, he said. The 1.2 million-square-foot Amazon warehouse under construction in Robbinsville is a promising sign for future industrial development in the area, Petrella said.
"The continued growth in ecommerce for traditional retailers is good for New Jersey just based on where New Jersey sits," Petrella said.


Construction Begins on Industrial Facility at New Jersey Turnpike Exit 8A | Dermody Properties

www.partnerwithdp.com [cached]

The property is being marketed to prospective tenants by Jules Nissim and Marc Petrella of Cushman & Wakefield.

...
From left to right: Jennifer Yonchuk, Dermody Properties; Marc Petrella and Jules Nissim of Cushman & Wakefield; Deputy Mayor Killmurray, Mayor Gambatese and Township Manager Hvozdovic of South Brunswick Township; Gene Preston, Dermody Properties; Ali John Mehdian, AEW; Greg Arnold, Dermody Properties; and Aaron Weir, ARCO.


Dermody Starts Work on LogistiCenter at Exit 8A | Dermody Properties

www.dermody.com [cached]

Jules Nissim and Marc Petrella of Cushman & Wakefield are marketing the property.

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