April 2023

2B — April 2023 — New Jersey — M id A tlantic Real Estate Journal

www.marej.com

N ew J ersey

Event to be Held April 20th 2023 at Newark Liberty Airport Marriott Join IOREBA and MAREJ at the 2023 Cannabis and Real Estate Conference

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Urban Edge Properties signs two new, long- term tenants EAST HANOVER, NJ — Urban Edge Properties has announced that Best Way Trucking (186,855 s/f) and Decker Tape Products, Inc. (99,527 s/f) have signed long- term leases at the East Hanover Commerce Park on Ridgedale Ave. in East Hanover. “The industrial leasing land- scape in NJ is a multifaceted and crucial component of the region's economy. Despite its intricacies, the demand for in- dustrial space remains robust, and we are delighted to have successfully filled a large va- cancy in a significant asset we acquired in 2021,” said Leigh Lyons , senior VP of leasing at Urban Edge Properties. Tom Consiglio and Scott Peck of Resource Real- ty represented Urban Edge. Thomas Mallaney of CBRE represented Decker Tape and Gregory Sabato of Re- source Realty of Northern NJ worked on behalf of Best Way Trucking. Best Way Trucking Service, Inc. is a multifaceted, third- party logistics and warehousing services organization estab- lished in 1975 by Mark Day Trewhella in Fairfield, NJ. Best Way Trucking provides same- day courier service to businesses in the Tri-State area. MAREJ industry which is expected to reach over 33 billion in an- nual sales in 2023. The panel will include experts who will discuss real estate issues such as the brokers role, title insurance and compliance and regulatory matters along with the regulatory processes such as banking issue and site control. Design and build con- siderations, zoning and real estate sites for cultivation and processing will also be covered. “The conference will help attendees gain insight on the latest developments in the booming industry” comment- ed IOEBA President Jeffrey Greif. “It’s a not to miss event for attendees such as brokers, owners, investors, developers, builders and architects who want to gain insight on capi- talizing on the green wave.” Tickets are $119 per person and can be reserved at www. ioreba.com. MAREJ

EWARK, NJ — IO- REBA (The Indus- trial and Office Real

Estate Brokers Association) announced they will be pre- senting, along with the Mid Atlantic Real Estate Journal , the 2023 Cannabis and Real Estate Conference on April 20th 2023 from 8am to 11am at the Newark Liberty Interna- tional Airport Marriott. The event will present panel discussions on the opportu- nities and challenges of the budding cannabis market and New Jersey’s unique position within the legal cannabis

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