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This profile was last updated on 9/24/15  and contains information from public web pages and contributions from the ZoomInfo community.

Senior Director

Phone: (732) ***-****  
Email: m***@***.com
Local Address:  Edison , New Jersey , United States
Cushman & Wakefield Inc
1290 Avenue Of The Americas 8Th Floor
New York , New York 10104
United States

Company Description: Cushman & Wakefield advises and represents clients on all aspects of property occupancy and investment. Founded in 1917, it has 259 offices in 60 countries,...   more

Employment History


  • bachelor's degree , economics and business
    Lafayette College
26 Total References
Web References
Marc Petrella Joins ..., 5 Aug 2011 [cached]
Marc Petrella Joins Cushman & Wakefield as Senior Director Caryl Communications - Public Relations and Marketing
Marc Petrella, Senior Director, Central New Jersey Industrial Practice
Marc Petrella Joins Cushman & Wakefield as Senior Director Industrial Real Estate Veteran Enhances Successful Central N.J. Brokerage Team
EDISON, N.J., August 5, 2011 - Commercial real estate industry veteran Marc Petrella of Belmar, N.J., has joined Cushman & Wakefield, Inc. in Edison as a senior director in the firm's Central New Jersey industrial practice. He most recently served as first vice president/market officer at Prologis, where he was responsible for the overall performance and profitability of the company's 18.6 million-square-foot New Jersey industrial real estate portfolio.
Petrella's career of nearly two decades includes experience in both development and leasing. Prior to his time with Prologis, Petrella served as vice president of leasing with Keystone Property Trust. He also worked with CBRE as a senior associate.
"I am enjoying being back in brokerage, working with my former colleagues on the ownership side while leveraging my experience on the services side of the industry," he said. "Cushman & Wakefield's talent and full suite of services - both locally and globally - makes this a great place to be. Our industrial platform is well prepared to serve clients as they ramp up operations commensurate with the economic recovery."
With his move to Cushman & Wakefield, Petrella continues his relationship with Prologis as part of the team responsible for leasing Cranbury Business Park, a 2 million-square-foot warehouse/distribution campus in Cranbury, N.J., and Port Reading Business Park, a master-planned development that can support 3.2 million square feet of industrial usage in Woodbridge and Carteret, N.J. His team's client list also includes many well-known private and institutional owners, such as Allianz, Blackrock, IndCor Properties, High Street, James Campbell Company, Morgan Stanley, Principal, Seagis, Stockbridge and TIAA-CREF, among others.
Petrella earned a bachelor's degree in economics and business from Lafayette College in Easton, Pa. He is a licensed real estate salesperson in the State of New Jersey.
News and press releases and news about Real Estate [cached]
Marc Petrella Joins Cushman & Wakefield as Senior Director
Marc Petrella Joins Cushman & Wakefield as Senior Director
The market for industrial space in ..., 17 Mar 2014 [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.
midJersey Business, 3 April 2014 [cached]
But for the majority of the state’s business community, operations were eventually restored and a sense of normalcy returned in time for Memorial Day, which was seen as a victory. “Fundamentally, the market is healthy, and that has overshadowed the immediate aftereffects and concerns about Sandy,� says Marc Petrella, a senior director at the corporate real estate firm Cushman & Wakefield.
Hurricane Sandy: One Year Later | midJersey Business, 20 Nov 2013 [cached]
"Fundamentally, the market is healthy, and that has overshadowed the immediate aftereffects and concerns about Sandy," says Marc Petrella, a senior director at the corporate real estate firm Cushman & Wakefield.
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