By: Najla Alexander
Carteret officials announced that the Honorable Mayor Daniel J. Reiman received the Caren S. Franzini Public Partner Award on May 16 from the New Jersey Chapter of NAIOP, the commercial real estate development association.
The award honors “champions of economic development that inspires and transforms communities,” according to NAIOP.
“It's humbling to receive the Caren S. Franzini Public Partner Award,” Mayor Reiman said.
“I must acknowledge the tireless efforts of my team, whose dedication and cooperation made this possible. This award is a testament to our collective commitment to the Borough of Carteret and to driving positive change in our community. I share this recognition with all those who work tirelessly to transform Carteret into a thriving hub of opportunity and growth.
Officials stated the Mayor was nominated for the award by Clark Machemer, Crow Holdings Development’s Senior Managing Director for the Northeast Region.
Crow Holdings at Carteret features 1.2 million square feet of warehouse space on a remediated brownfield site off New Jersey Turnpike Interchange 12 in the Borough’s Landfill Redevelopment District, according to officials.
In his NAIOP nomination, Machemer said, “This mayor and municipality understand that development is an economic stimulant and driver for growth. They understand how to work with developers. When you go in with a proposal, they tell you what you can and cannot do. That’s music to any developer’s ear and is attributable to Mayor Reiman’s own vision for the town. And he has used -- and continues to use – development for the betterment of his community.
“Mayor Reiman and the Borough were determined to take back a 126-acre former brownfield site and transform it from an environmental challenge to an economic success,” the nomination continued.
“And from the start, the Borough was a great supporter of Crow Holdings at Carteret. Today, our three-building property at Salt Meadow Road is ready for occupancy just a half mile from Turnpike Exit 12. This campus, which has introduced a new world-class warehouse/distribution opportunity in the heart of the Greater Port submarket – and already secured its first tenant in Weida Freight Systems -- is a quintessential illustration of public-private partnership at its best.”
Officials say a NAIOP video about the Mayor’s award can be seen at youtube.com/watch?v=O9zTsUl-ZwY.
Authorities say the 2024 Commercial Real Estate Awards winners also included:
·Denholtz Properties CEO Steven Denholtz (Charles Klatskin Lifetime Achievement Award)
·Retired NAIOP NJ CEO Michael G. McGuinness (Industry Service Award)
·Roseland-based CSG Law and Bethan Rooney, port director of Port Authority of New York and New Jersey (Impact Award)
The May 16 gala was held at The Palace at Somerset Park in the Somerset section of Franklin Township, officials said.