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Wrong Marc Petrella?

Marc Petrella

Senior Director

Cushman & Wakefield Inc

HQ Phone:  (415) 397-1700

Direct Phone: (732) ***-****direct phone

Email: m***@***.com

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I agree to the Terms of Service and Privacy Policy. I understand that I will receive a subscription to ZoomInfo Community Edition at no charge in exchange for downloading and installing the ZoomInfo Contact Contributor utility which, among other features, involves sharing my business contacts as well as headers and signature blocks from emails that I receive.

Cushman & Wakefield Inc

425 Market Street Suite 2300

San Francisco, California,94105

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. Our 43,000 employees in more than 60 countries help investors optimize the value of their real estate by combining our global pe...more

Background Information

Employment History

Senior Vice President

Prologis Inc


Vice President

Keystone Property Trust


Web References(27 Total References)


News - | Blau & Berg

www.blauberg.com [cached]

Charles T. Kavanagh, executive vice president of Blau & Berg, procured the tenant in the deal, while Marc Petrella of Cushman & Wakefield represented the landlord, GLP.


industrialspacebergencounty.com

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 [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.


www.partnerwithdp.com

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


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.


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