New York and New Jersey Industrial Real Estate Market Overview
New York City and Northern New Jersey are massive East Coast and international epicenters with sophisticated ports and transportation infrastructure.
In New York and New Jersey, the strong and growing port system, along with the Bayonne Bridge raise, will contribute to an industrial property boom and increase the market's appeal for large organizations and logistics companies. As shipping becomes a more attractive transportation option, New York and New Jersey will remain a tier-one market for investors and major organizations.
With access to six airports, major expressways, railways and intermodal facilities, and the largest population center in the U.S., New York and New Jersey provide strategic and profitable investment opportunities, and ideal locations for distribution centers, logistics operations and corporate offices.
Meet the Team
Senior Vice President
Development | Email
- Ronel Borner joined CenterPoint Properties as Senior Vice President, Development, in October 2019. He is responsible for leading the Company’s development strategy within the Eastern Region, including New York/New Jersey, Savannah and South Florida markets. Prior to joining CenterPoint, Ronel served as Director of Real Estate Development at The Rockefeller Group as well as principal at Acquis Development Corporation. Ronel has more than 15 years’ experience across all aspects of real estate, including entitlements, brownfield development, due diligence, zoning, design management, and project-level debt/equity financing in the New York/New Jersey market. He is a member of the NAIOP New Jersey Chapter as well as the NAIOP National Forums Program. Ronel received his Bachelor of Commerce from McGill University in Montreal, Canada, and a Master of Science in Real Estate from New York University.Close Bio
Paul “PJ” Charlton
Senior Vice President
Investments | Email
Paul “PJ” Charlton
Senior Vice President484-432-0239 firstname.lastname@example.orgPaul "PJ" Charlton joined CenterPoint as Senior Vice President, Investments, in 2015 to oversee the growth of the Company's East Coast portfolio. In this role, Mr. Charlton is responsible for executing CenterPoint's eastern region investment strategy, sourcing and managing local acquisition transactions, and collaborating with the entire regional team to look for new investment opportunities and add value within the exiting portfolio. Mr. Charlton brings more than a decade of experience in industrial real estate to the Company. Prior to joining CenterPoint, he served as principal and Senior Vice President of Investments for KTR Capital Partners, where he led the sourcing, negotiation and execution of more than $1 Billion of industrial investment transactions in the Southeast, Southwest and Mid-Atlantic regions. Mr. Charlton graduated cum laude with a Bachelor of Science in business from Wake Forest University and holds an MBA from the Wharton School of the University of Pennsylvania.Close Bio
Senior Vice President, Regional Manager
Asset Management | Email
Senior Vice President, Regional Manager201-221-1918 email@example.comDavid Nenner joined CenterPoint Properties as Senior Vice President, Regional Manager in 2014. In this role, David is responsible for managing CenterPoint’s East Region portfolio, which includes over 13 million square feet of property across New Jersey, South Florida, Charleston and Savannah. While overseeing CenterPoint’s asset management strategy across the region, he partners with the East Region team to vet and underwrite investment opportunities. David has over 25 years of experience in industrial real estate. Prior to joining CenterPoint, David served as EVP/Director of Asset Management at Ivy Equities and VP/Regional Manager for RREEF. Additionally, he worked as an industrial broker for JLL and The Edward S. Gordon Company. David holds a bachelor’s degree from Babson College and a master’s degree from Columbia University.Close Bio