PARSIPPANY — Noah Balanoff, a leading executive in New Jersey industrial real estate, has joined Colliers International Group announced David A. Simon, SIOR, Executive Managing Director and New Jersey market leader. Balanoff will be Executive Managing Director, focusing on the industrial platform.
Colliers International is located 300 Interpace Parkway, Building C, Morris Corporate Center.
“We are thrilled to have Noah join our team and become an integral part of our expansion within the industrial sector,” said Simon.
Balanoff was formerly Senior Vice President of CBRE, representing institutional property owners, as well as national and regional companies, in their industrial and supply chain/logistics-related requirements. Prior to joining CBRE, he was an Associate Director with Cushman & Wakefield in New Jersey, where he was a member of the industrial transactions and Global Supply Chain Solutions practice groups. His specialty is the sales and leasing of warehouse and distribution facilities with a focus on the New Jersey Turnpike corridor, primarily in the Interchange 8A/7A, Port Newark/Elizabeth and Meadowlands submarkets.
“One of Colliers’ key goals is to continue the growth of their robust industrial and supply chain platform,” said Balanoff. “I look forward to leveraging my background and experience in the industrial sector of New Jersey real estate to help deliver that next-level expansion. I am so confident because the opportunities in New Jersey, the third largest industrial market in the U.S., are unparalleled. The institutional community—investors, developers and corporate occupiers—not only want to be here but, in most cases, need to be here. And the Turnpike corridor, specifically, is a prime industrial hub, recognized nationally and globally.”
Balanoff, a resident of Ramsey, is a graduate of the University of Albany. He is a Certified Commercial Real Estate Investment Member (CCIM).