3-27-15

Real Estate Journal — March 27 - April 9, 2015 — 3A

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M id A tlantic

M id A tlantic R eal E state J ournal Wisniewski to lead comm’l sales & leasing division The Kislak Co. welcomes Wisniewski, LaGreca & Cust

FULL SERVICE COMMERCIAL REAL ESTATE BROKERAGE & ADVISORY FIRM RELATIONSHIPS ARE MEASURED IN MORE THAN SQUARE FOOTAGE.

WCRE is a full service commercial real estate brokerage and advisory firm serving New Jersey and Pennsylvania. But our focus is on helping people succeed. Our highly personal approach to client service has set a new standard. We go well beyond property transactions, serving as a strategic partner invested in your long term growth and success. Our goal is to help you achieve your goals.

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OODBR I DGE , NJ — The Kislak Company, Inc. ,

most companies are trying to keep the data centers within one hour of the headquarters or regional headquarters to ac- commodate their professional IT staff. Leasing enables com- panies to move with the times, as needed. announced the hiring of Pe- ter Wisniewski , Dorothy LaGreca and Sean Cust for its expanded commercial sales and leasing division. Wisniewski has been ap- pointed an executive vice president and will lead the division, which includes La- Greca, a senior vice president, and Cust, an associate. The colleagues were previously with Coldwell Banker Com- mercial Feist & Feist Realty Corp. “Wisniewski joined Cold- well Banker Commercial

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Sean Cust

Peter Wisniewski

Dorothy LaGreca

a lot of attention to this “new” asset class. Most often, corpo- rate data center investors are looking for buildings that are at least 50% dedicated to a mission-critical operation like data center, disaster recovery, call center or business continu- ity space. They are seeking good credit tenants, long-term leas- es, and typically a building that is predominantly controlled by one tenant. These buyers ap- preciate properties that have been well maintained, however Wisniewski’s team has sev- eral specialties including of- fice/industrial sales and leas- ing and retail leasing/tenant Feist & Feist Corp. as its executive vice president in 2008. Since then, he has been the top Coldwell Banker Com- mercial broker in New Jersey four times

it is not uncommon for them to provide the seller with capital to renovate the building com- mensurate with a long-term lease. For corporations with data center properties that fit this profile, testing the water now is worthwhile – and will undoubtedly bring great inter- est. Cushman & Wakefield’s Sean Brady is a senior di- rector and co-founder of the firm’s Global Data Center Advisory Group. n Sean Cust, a broker trainee, has already completed several leasing assignments in his short time with the firm. n representation work on a regional basis. LaGreca had been with Coldwell Banker Commercial Feist & Feist Realty Corp. for more than 30 years.

For more information, visit WolfCRE.com or call 856-857-6300 .

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Marlton, NJ l King of Prussia, PA

continued from page 2A A Paradigm Shift for Data Center Ownership

STRUCTURAL ENGINEERS

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WHAT INVESTORS WANT Currently, available capital for corporate data center pur- chases exceeds the availability of assets, which, combined with low interest rates, is bringing real estate auction

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Mid Atlantic Real Estate Business 6 x 5.5 3/27

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