As Lead Broker and founder of CBRE’s first Brownfield Practice Group, Mr. Cohen’s areas of expertise involve industrial brokerage, land sales and Brownfield redevelopment.
Mr. Cohen’s affiliation with CB Richard Ellis came after twenty-eight years with a major regional New Jersey industrial real estate specialist. In addition to brokerage, Mr. Cohen founded and managed the firm’s Central New Jersey Branch office.
Previously, Mr. Cohen served as Vice President of Marketing for International Appraisal Company, a wholly owned subsidiary of the former Fleet Bank.
Mr. Cohen has worked on sale and lease assignments ranging from mid-sized industrial buildings to larger 700,000 square feet build-to-suit projects, with transactions having total considerations in excess of $150,000,000 sold and leased properties. Mr. Cohen’s wide-ranging experience has proved to be an invaluable asset in property evaluation, opportunity analyses, planning and negotiations for the owners and users he has represented.
In addition to his industrial engagements, Paul has focused his expertise on Brownfield redevelopment. His in-depth knowledge of the industrial market, along with his well-honed political and deal-making skills, and patience involved in a redevelopment transaction, have enabled him to broker numerous Brownfield deals.
Mr. Cohen’s Brownfield transactions include:
• A long- term lease of 80 acres to Federal Express on which a 700,000 square-foot package handling facility has been constructed
• The sale of a 60,000 square-foot chemical plant on a 24 acre contaminated site which has been redeveloped as a 360,000 square foot modern distribution facility by Catellus Development
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