Opportunities for the Commercial Real Estate Industry will be focus of Discussion
Event Date: December 02, 2011
ELIZABETH, N.J., Nov. 30, 2011 – The logistics sector of New Jersey continues to deliver the goods for the state’s economy, and that sector will be the focus of Transportation & Logistics Regional Update: Opportunities for the Real Estate Industry. Presented by NAIOP New Jersey, the commercial real estate development association, the program is slated for December 2, 2011 at the New York Shipping Association Training Center, Elizabeth, N.J.
By the numbers, New Jersey’s ports generate $11.6 billion in personal income and almost $37.1 billion in business annually, according to a recent study. Despite the recession, jobs directly related to port activity increased by 3.5 percent from 2008 to 2010, and planned investments in the port region are expected to generate nearly 7,000 jobs annually through 2017.
The program, highlighting the emerging opportunities for the real estate industry, will feature an update on planned major infrastructure investments from N.J. DOT Commissioner Jim Simpson and Bill Baroni, Deputy Director of the Port Authority of NY & NJ. A far-ranging, in-depth panel discussion will feature a logistics expert (Anne Strauss-Wieder of A. Strauss-Wieder Inc.); a terminal operator (Brian Clark of APM Terminals); an industrial owner/developer (Bo Farkas of Prologis); and an end-user (Peter Rolandelli of Wakefern).
The event, slated to begin at 7:45 a.m. and conclude at 11 a.m., will also earn two Continuing Education Units (CEUs) for professional planners and accountants. Two CEUs are pending for New Jersey real estate brokers and attorneys. To register, or for more information, contact NAIOP New Jersey at (732) 729-9900, or visit http://www.naiopnj.org/.