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KINGSLAND MEADOWLANDS

KINGSLAND MEADOWLANDS

Kingsland Meadowlands is Northern New Jersey’s largest available industrial/flex park. Owned by Russo Development and Forsgate Industrial Partners, the 718-acre tract located just minutes from the New Jersey Turnpike and only 8 miles from NYC has the capability to deliver approximately 3 million square feet in single or multi-tenanted buildings.

With demand from e-commerce and logistics at an all-time high the Kingsland Meadowlands project will add significant supply to one of the state's tightest submarkets.

Join us as Russo, Forsgate, and JLL unveil their plans for this highly anticipated trophy asset.

Presented By

Speakers and Panels

Kingsland Meadowlands Keynote

Ed Russo
Keynote

Ed Russo

CEO

Russo Development

Alex Klatskin
Keynote

Alex Klatskin

General Partner

Forsgate Industrial Partners

Rob Kossar
Moderator

Rob Kossar

Vice Chairman, Northeast Industrial Region

JLL

Alex Klatskin

General Partner

Forsgate Industrial Partners

Alex Klatskin is a General Partner of Forsgate Industrial Partners, a private industrial real estate development and investment firm based in Teterboro, New Jersey. Forsgate has built, and owns, ten million square feet of industrial property. Forsgate’s recent clients include: Hermes, L’Oreal, FedEx, Coca-Cola, Hyundai Motor and Dassault. Before joining Forsgate in 1992, he was with the New York City architectural firm of Kohn, Pedersen, Fox and Associates, working on commercial projects in London and New York.

He has been a visiting architectural critic and/or lecturer at Columbia University, Massachusetts Institute of Technology, Cornell University, University of Pennsylvania, Johns Hopkins University, University of Miami, New York University, Cooper Union, University of Michigan, Florida A&M, and Illinois Institute of Technology. Alex has also lectured for many industry groups, including the American Bar Association, the International Council of Shopping Centers, the American Institute of Architects, the Architectural League of New York, and the Society of Industrial and Office Realtors.

Alex is a past member of the Board of Regents of the American Architectural Foundation, is a member of the College of Fellows of the American Institute of Architects, and a past member of the Board of Directors of the Washington, DC based Real Estate Roundtable. Alex was the 2011 National Chairman of NAIOP, the Commercial Real Estate Development Association. At NAIOP, he was also the 2003-2004 President of the New Jersey Chapter.

Alex holds a BS from the University of Illinois and a Master of Architecture from the University of Maryland. He is a Registered Architect in New York and New Jersey, and a licensed Professional Planner in New Jersey. He lives in New York City with his wife and their two children.

Rob Kossar

Moderator

JLL

Robert C. Kossar, Vice Chairman and Head of JLL’s Northeast Industrial Region, is

responsible for leading the markets business (capital markets, brokerage, property

management & project and development services) in the region (New Jersey,

Eastern Pennsylvania & New York). He is also part of the Industrial Capital Markets

Team for the Americas, personally responsible for leading the capital markets

business in the Northeastern US. In addition to his local leadership responsibilities,

Mr. Kossar remains an active industrial investment sales and leasing broker,

representing the firm’s most important clients. Robert’s property level expertise lies

primarily in industrial real estate including: Industrial investment sales, agency and

tenant representation, site selection, leasing, acquisition, disposition and build-to-

suit properties and portfolios. As an Urban Core Expert, Robert focuses closely on

the last mile trends and how this space will lead the way for the next wave of modern

last-mile distribution space in New York. Mr. Kossar currently leads the team that

handles the leasing and management for 1.3M square feet in the NY Outer Boroughs.

Experience Prior to joining JLL, Robert was a Principal and Executive Vice President

at Lee & Klatskin Associates, sold to JLL in 2007. He has extensive experience on both

the ownership and brokerage side of the business representing many major public,

private and institutional owners as well as public and private occupiers locally and

throughout the United States. Industry recognition includes being named “Power

Broker in New Jersey” (2004–2016) by CoStar and NJ Biz Real Estate Power 50 (2011-

2016). Mr. Kossar has been awarded Deal of the Year by NAIOP in 2013 and 2015 after

several years of being a finalist. In 2017, Rob accepted the industry impact award on

behalf of JLL from NAIOP. Mr. Kossar has received SIOR recognition including annual

awards for the largest cooperative transaction in New Jersey (2006, 2008, 2011, and

2016), the largest built-to-suit transaction in New Jersey (2006, 2011); the largest

industrial sale transaction in New Jersey (2015, 2014, 2008) and largest industrial

lease (2016, 2015, 2013).

Education and Affiliations Mr. Kossar holds a master of science in real estate

investment and development from New York University and a bachelor of science in

business and economics from Lehigh University. He is a board member of the NJ

chapter of the National Association of Industrial and Office Parks (NAIOP) and is a

member of the Investment Management National Forum at NAIOP. Rob is a member

of the Society of Industrial Office Realtors (SIOR). Mr. Kossar is vice-chairman of the

board of CJ First Candle and Chairman of the board of the Ryan Wolfe Kossar

Foundation. He is on the advisory board for the Rutgers Business School Center for

Real Estate.

Logistics, Last-Mile Forecast & Tenant Management

Bob Silverman

Bob Silverman

EVP, Supply Chain & Logistics Solutions

JLL

Heath Abramsohn

Heath Abramsohn

Head of Acquisitions, North Central

Rockefeller Group

Kevin Dudley

Kevin Dudley

Executive Vice President

CBRE

John Whitney
Moderator

John Whitney

Northeast Events Producer

Bisnow

Bob Silverman

EVP, Supply Chain & Logistics Solutions

JLL

Bob Silverman is Managing Director, Supply Chain & Logistics at JLL, where he leads the Supply Chain consulting group for the northeast region. Bob’s team consults on the changing trends in the global supply chain and the resultant impact on distribution networks and industrial facilities, as well as providing supply chain network optimization analyses; facility sizing and design, and MHE recommendations and specification.

Previously Bob was VP IT Business Systems for Tommy Hilfiger, where he was the US project manager for the company’s SAP implementation, and was responsible for design and implementation of the company’s North American distribution center rollouts and upgrades. He was also co- project manager for the construction and fit-out of TH’s global flagship store on 5th Ave here in New York.

Prior to that Bob was president of Gross & Associates, a NJ-based logistics consulting firm, where he oversaw the business and managed assignments for many leading companies in multiple industries, in areas such as operations design and re-engineering, simulation modeling, picking productivity, MHE & WMS requirements, and implementation project management.

Bob has 30 of experience in logistics, supply chain management, and operations design, and has spoken at numerous supply chain and logistics conferences domestically and overseas.

Bob also serviced as board chair of the Council of Supply Chain Management Professionals (CSCMP) and board president of the Warehousing Education Research Council (WERC).

Heath Abramsohn

Head of Acquisitions, North Central

Rockefeller Group

Heath Abramsohn is Head of Acquisitions, North Central Development, for Rockefeller Group. In this role he is responsible for land acquisitions and development of industrial and multifamily assets throughout the North Central region (includes New Jersey, Pennsylvania, and Midwest region.)

Mr. Abramsohn joined Rockefeller Group in 2005 and has held positions of increasing responsibility throughout career with the company including asset experience with industrial, office, multifamily, and mixed-use projects. Throughout his career at Rockefeller Group, he has been involved in the acquisition, development, lease, and sale of more than 15 million square feet of industrial space. Mr. Abramsohn has also been instrumental in Rockefeller Group’s expansion of industrial assets in New York and the Mid-Atlantic region.

Prior to joining the Rockefeller Group, Mr. Abramsohn worked in Corporate Finance at Pfizer. He was also a Consultant with Accenture. He received his bachelor’s degree from Muhlenberg College where he majored in Accounting and Economics. He received his master’s degree in Real Estate Development from New York University.

Mr. Abramsohn holds a real estate license in New Jersey and New York and is a member of NAIOP and ULI. He has been recognized by several industry publications for his market insight and has spoken on commercial real estate panels across the region representing Rockefeller Group. He is an Advisory Board member at Rutgers University Center for Real Estate.

Kevin Dudley

Executive Vice President

CBRE

Kevin Dudley joined CBRE’s Saddle Brook, New Jersey office as an Associate in 2010 and now

serves as Executive Vice President. Kevin has become one of New Jersey’s “go to” industrial real estate brokers and is a consistent leader with a reputation for his hard-working persona. His extensive knowledge of the New Jersey industrial real estate market is unparalleled. Kevin’s team is one of the top industrial teams in New Jersey and his team’s transactions valued more than $800 million in the past year.

Kevin provides occupier and agency representation services to clients throughout New Jersey. His primary focus is the selling and leasing of industrial facilities along the New Jersey Turnpike corridor. Kevin has a long record of successfully guiding local, national and multi-national clients with their commercial real estate needs. Kevin applies his expertise and market knowledge to industrial properties and consistently exceeds the investment goals of his clients. He accomplishes this through constant communication, and by being accessible whenever you need him.

Kevin’s prestigious client list includes Blue Apron, Best Logistics, Mainfreight, Michael Kors, and MM.Lafleur. His clients choose to work with him for access to CBRE's full-service platform, transaction management and financial structuring.

In addition to being an active member of CBRE’s Global Supply Chain practice and CBRE’s Industrial “Young Guns”, Kevin is the co-chair of CBRE's Tri-State African American Networking

Group (AANG).

Kevin graduated from the New Jersey Institute of Technology with a Bachelor of Science in Finance and Marketing. As an honors graduate from the New Jersey Institute of Technology, Kevin embraces his strong analytical skills, creativity and enthusiasm to provide exceptional service to clients. Kevin currently resides in Ridgewood with his wife and four young children, and enjoys spending time with family, playing basketball and football, and cooking. Kevin is also the captain of CBRE’s basketball

team.

The Future of Industrial Development

Jesse Harty

Jesse Harty

SVP & Market Officer, NJ/NY

Prologis

Samuel O'Briant

Samuel O'Briant

EVP, Southeast & East

Duke Realty

Joel Bergstein

Joel Bergstein

President

Lincoln Equities Group

Paul "PJ" Charlton

Paul "PJ" Charlton

Senior Vice President, Investments

CenterPoint Properties

Jeff Bonfoey

Jeff Bonfoey

Regional Vice President

FCL Builders

Stan Danzig
Moderator

Stan Danzig

Vice Chair

Cushman & Wakefield

Jesse Harty

SVP & Market Officer, NJ/NY

Prologis

Jesse is a Senior Vice President, Market Officer at Prologis. In this position, he is responsible for Prologis’ New Jersey and New York operations which consist of approximately 37 million square feet of industrial real estate.

Samuel O'Briant

EVP, Southeast & East

Duke Realty

As Executive Vice President for Duke Realty, Sam has overall responsibility for the company’s new investment activities and portfolio operations in its Southeast and East regions. Sam oversees business units in Atlanta, Savannah, Central and South Florida, Raleigh, Washington, DC, Baltimore and northern New Jersey. Duke Realty’s southeast and east property portfolios total more than 43 million square feet of office and industrial space and more than 1,400 acres of land for future development. In addition, he is a member of the company’s Executive, Investment and Operating Committees.

Previously, Sam served as Regional Senior Vice President for the Southeast Region and, prior to that, he managed the company's Atlanta and Savannah industrial business units. Before joining Duke Realty in 2004, Sam held positions with MetLife Real Estate Investments, iStar Financial, and First Industrial Realty Trust, most recently serving as Vice President of Acquisitions and Development at First Industrial.

Joel Bergstein

President

Lincoln Equities Group

Joel Bergstein is the President of Lincoln Equities Group (LEG), one of the Northeast's leading full-service real estate companies.

Bergstein joined the company more than 32 years ago, spearheading the organization’s acquisition and development initiatives. He currently leads the firm’s large scale development platform, orchestrating major residential and industrial land development projects in the New York / New Jersey metro area.

Bergstein developed LEG’s current operating partner platform, leveraging domestic and international opportunities with private equity and pension funds. Bergstein is a founding partner and active participant in LEG’s $700M European property investment platform.

Some of his standout development projects include Halletts Point in Astoria, NY, where LEG transformed a seven acre waterfront site into 2,400 residential apartment units; 5 Giralda in Madison, NJ, a 431,000 square-foot property, that was modernized to become Allergan’s U.S. headquarters; and in early 2018, LEG closed on a 152 acre waterfront site in Bayonne, NJ, where 1.4M square-feet of e-commerce logistics warehousing will be developed to bolster trade with the Port of New York and New Jersey.

Lincoln has formed a partnership with Bruce Eichner’s Continuum Company to develop a mixed-income residential complex in Crown Heights, NY. It will be a 50/50 market and workforce development project to bring hundreds of needed housing units for middle and working class families in New York City. Bergstein is also leading the development and approval process for 1,500 new residential units in Jersey City including the construction of a light rail station.

Bergstein serves on numerous real estate advisory boards and is a speaker and frequent commentator in real estate trade and business media in addition to his philanthropic work.

Paul "PJ" Charlton

Senior Vice President, Investments

CenterPoint Properties

Paul "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, PJ is responsible for executing CenterPoint's eastern region investment strategy and collaborating with the entire regional team to look for new investment opportunities and add value within the portfolio. He brings more than 15 years of experience in industrial real estate to the Company. Prior to joining CenterPoint, PJ served as Principal and Senior Vice President of Investments for KTR Capital Partners. PJ has led the execution of more than $2 Billion of industrial investment transactions in the Southeast, Southwest and Mid-Atlantic regions. PJ 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.

Jeff Bonfoey

Regional Vice President

FCL Builders

Jeff heads FCL’s Northeast region, overseeing offices in Baltimore, Boston, and Philadelphia. He brings to the role extensive business acumen, industry knowledge, and a proven ability to execute on complicated work from years of experience with large-scale industrial projects.

During his career, Jeff has held the positions of Superintendent, Estimator, Project Manager, Construction Manager, and Vice President. While working at one of the country’s largest private industrial developers, Jeff was engaged on large-scale projects in three countries. Given his range of experience, he brings to the table a solid understanding of diverse stakeholder perspectives and a track record for driving positive outcomes and building rapport in difficult, high stakes negotiations.

Jeff is passionate about business strategy, the geographic diversity of the northeast, and building relationships across the region to drive FCL’s business and those of FCL clients forward.

Stan Danzig

Moderator

Cushman & Wakefield

Stan Danzig has been with Cushman & Wakefield’s East Rutherford, NJ office since 1981. He leads a seven-person team, focusing on industrial leasing and sales, significant land tract transactions and national/global corporate representation. His experience covers a broad spectrum of activity that includes the acquisition of existing or build-to-suit facilities; disposition of surplus properties; representation of major developers and institutional owners; as well as consulting, management and appraisal assignments on a national and international basis. Stan has consistently been one of Cushman & Wakefield’s leading industrial brokers.

Stan has acted on behalf of numerous prestigious clients, including Mercedes-Benz, Prologis, Prudential, Rockefeller Group, Western Union, Tyler Distribution, Crate&Barrel, Colgate, and numerous others. He has led complex acquisition transactions as well as dispositions structured as sales; sale/leasebacks; traditional, synthetic and bonded leases; joint ventures and ground leases.

Summary

  1. Has competition for industrial ownership raised land prices beyond an appropriate margin?

  2. Do distribution centers have the best chance to avoid an economic downturn due to shopping habit changes?

  3. Where is left along the major transit routes for developers to consider new sites?

  4. Can the State of New Jersey facilitate zoning changes to keep up with industrial demand?

  5. Do New Jersey's vacant office properties offer any sort of solution to demand?

Agenda

Time Activity
12:00 PM
1:00 PM
Breakfast, Networking & Registration
1:00 PM
1:30 PM
Kingsland Meadowlands Keynote
1:30 PM
2:15 PM
Logistics, Last-Mile Forecast & Tenant Management
2:15 PM
3:00 PM
The Future of Industrial Development
3:00 PM
3:30 PM
Post-Event Networking