CBRE Investment Management Acquires Cottontail Logistics Center

CBRE Investment Management’s Americas Direct Logistics Deployment Team, on behalf of a separate account client, has acquired Cottontail Logistics Center (the “Asset” or “Park”), a Class A, ±236,000 SF, two-building logistics park in Northern New Jersey.

Completed in mid-2024, Cottontail Logistics Center features market-leading specifications such as 36’ clear heights, 200’ shared truck court, 65 loading positions, 98 car parking spaces and LEED Silver certification.

The Asset is strategically located in Northern New Jersey’s Route 287/Exit 10 submarket, offering excellent connectivity to major highways such as I-95, I-287 and I-78. This location provides easy access to New York City, Newark International Airport, and the Port of New York/New Jersey, one of the busiest port complexes in North America. The region benefits from a substantial labor and consumer base of over 26 million people within a two-hour drive, making it highly attractive for logistics customers.

The market continues to experience strong capital markets liquidity and leasing fundamentals, solidifying its position as one of the strongest and hardest-to-penetrate transaction markets in the country.

“We are thrilled to add Cottontail Logistics Center to our portfolio,” Christopher Sullivan, Director, Logistics Deployment at CBRE Investment Management, said. “This acquisition aligns with our strategy of investing in modern logistics assets in key gateway markets. The buildings are divisible for multiple tenants and can accommodate the most active tenant size segment. The asset’s strategic location and favorable specifications are expected to ensure the long-term viability of the Park.”

About CBRE Investment Management
CBRE Investment Management is a leading global real assets investment management firm with $149.1 billion in assets under management* as of March 31, 2025, operating in 20 countries around the world. Through its investor-operator culture, the firm seeks to deliver sustainable investment solutions across real assets categories, geographies, risk profiles and execution formats so that its clients, people and communities thrive.

CBRE Investment Management is an independently operated affiliate of CBRE Group, Inc. (NYSE:CBRE), the world’s largest commercial real estate services and investment firm (based on 2024 revenue). The company has more than 140,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE Investment Management harnesses CBRE’s data and market insights, investment sourcing and other resources for the benefit of its clients. For more information, please visit www.cbreim.com.

*Assets under management (AUM) refers to the fair market value of real assets-related investments with respect to which CBRE Investment Management provides, on a global basis, oversight, investment management services and other advice and which generally consist of investments in real assets; equity in funds and joint ventures; securities portfolios; operating companies and real assets-related loans. This AUM is intended principally to reflect the extent of CBRE Investment Management’s presence in the global real assets market, and its calculation of AUM may differ from the calculations of other asset managers and from its calculation of regulatory assets under management for purposes of certain regulatory filings.