Crow Holdings announces plans for 1.2 million-SF industrial property April 9, 2021 9:50 am Located just off Exit 12 on the New Jersey Turnpike, the fully remediated site will be developed into a three-building logistics park. – CROW HOLDINGS Crow Holdings Industrial announced on April 8 that it acquired a prime 126-acre property in Carteret from Rahway Arch Properties. Plans are to break ground this summer on a three-building, 1.2-million-square-foot speculative development. Crow Holdings tapped Stan Danzig, Jules Nissim and Kim Bach of Cushman and Wakefield to lease the space. Located in northern New Jersey, one of the country’s most land-constrained markets for industrial development, the property will bring the region much-needed logistics space in a prime spot just off of Exit 12 of the New Jersey Turnpike.