Cushman & Wakefield of New Jersey, Inc.
One Meadowlands Plaza, Suite 1100
East Rutherford, New Jersey 07073
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Release Date: Tuesday, May 20, 2014
Media Contact: Evelyn Weiss Francisco (201) 796-7788
New Jersey Industrial Specialist One of Firm's Top Producers Nationwide
EAST RUTHERFORD, N.J., May 20, 2014 – Commercial real estate services firm Cushman & Wakefield has promoted Jules J. Nissim of West Orange, N.J., to the position of executive director. Nissim joined the firm's East Rutherford office in 1990 as an industrial specialist and today is ranked among the firm's Top 10 producers in that sector nationwide.
He focuses on leasing and sales, significant land transactions and national/global corporate representation. During his tenure with Cushman & Wakefield, he has led acquisition and disposition transactions structured as sales; sale/leasebacks; and traditional, synthetic and bonded leases for more than 200 million square feet of space and $1 billion in value.
"Jules' involvement in our region's most significant industrial transactions and properties speaks to his deep market knowledge, professionalism, integrity and outstanding client service," noted Kim Brennan, Cushman & Wakefield's New Jersey Market Leader. "For nearly 25 years he has contributed to the growth of Cushman & Wakefield's New Jersey industrial practice, and strengthened our corporate and landlord relationships here and well beyond our state's borders. His promotion is well deserved."
Nissim currently represents Harland Clarke Company, Vertafore, Access Global, Port Jersey Logistics and AEP in their real estate needs on a national basis, and Crate & Barrel on a global basis. Additionally, he serves as marketing agent of industrial space and land on behalf of leading developers like The Rockefeller Group and Principal Real Estate Investors, and TA Associates Realty.
Nissim notes that the New Jersey industrial market continues to evolve as one of the nation's leading industrial hubs. "Our state's prime location at the heart of the East Coast's dense population centers, great transportation infrastructure and 800 million-square-foot inventory have long positioned it as a leader in the industrial sector," he said. "Today, post-recession fundamentals reflect its sustained dominance. Looking ahead, the widening of the Panama Canal will continue to open new doors for East Coast port markets, and New Jersey certainly will benefit. We are fortunate to be entrenched in a market that provides such great opportunity and outstanding owners of industrial real estate."
Nissim sits on Cushman & Wakefield's Global Supply Chain Executive Committee and holds memberships in NAIOP and the Material Handling Society. Prior to joining Cushman & Wakefield, Nissim held sales and management positions with Handy & Harman, a precious metals firm headquartered in New York City.