8B — June 9 - 22, 2017 — Central New Jersey — M id A tlantic
Real Estate Journal
www.marejournal.com
N orthern N ew J ersey
Member of the Women’s Business Enterprise National Council Newmark Associates shines as the star of Morris County Commercial Real Estate
M
orris county has al- ways been a hub for successful business,
Featured in Forbes and con- stantly cited by NJBiz maga- zine as one of the “Top Real
mark has received many hon- ors including the “Broker of the Year Award,” for creativity
once again, recognized among the elite in the industry for having a regional focus with a global outlook. The largest woman-owned commercial real estate firm in New Jersey, and a mem- ber of the Women’s Business Enterprise National Council (WBENC), which provides its world-class standard of certi- fication to women-owned busi- nesses throughout the United States, Newmark Associates is a Supplier Diversity provider to major corporations, and has worked extensively with For- tune 500 companies. As noted
in Forbes , “in a field that has ‘gone global’ Newmark’s busi- ness model guards against the growth that has many larger firms lose touch with the cli- ents they serve.” Ongoing involvement in community and philanthropic organizations further illus- trates Newmark’s commit- ment to New Jersey. The Newmark team has volun- teered at the Mount Kemble Home for Women, which pro- vides affordable housing for seniors in Morristown, while Nancy Glick, COO, acts as Vice Chairman of the Mont- ville Township Economic De- velopment Committee; Judith Feldman, Managing Director, sits on the board of Prevent Child Abuse NJ and Helene Elbaum, Vice President, acts as Vice Chairman of the Ran- dolph Economic Development Committee. Newmark’s team of profes- sionals help clients identify and align strategic business, financial, and operational objectives with real estate re- quirements. We leverage local market expertise and global market knowledge to enable clients to meet their goals. At Newmark, we know that every client’s requirement is unique, and we develop specific strate- gies for specific needs. Newmark Associates is located in Cedar Knolls, NJ. n Sheldon Gross Realty brokers 2,550 s/f in West Orange WEST ORANGE, NJ — Sheldon Gross Realty, Inc . recently brokered a West Orange transaction, which featured Sheldon Gross Realty VP Eric Weston as the ten- ants’ representative. Posture Perfect Chiroprac- tic, located in West Orange for 17 years, leased 2,550 s/f with- in the 38,500 s/f building at 405 Northfield Ave. The new location provides more space than the practice’s previous of- fice, which will allow for use of additional therapy equipment. It will also feature dedicated space for physical therapy and for massage therapy. In addition to Posture Per- fect’s new space, 405 North- field Avenue is occupied by multiple other healthcare- focused tenants. n
and as the economy keeps its rising pace, more companies seek to locate within its bor- ders. Newmark Associates has an established presence in in Essex, Passaic, Union, and Somerset counties, with a star presence in Morris County. Transactions in the county for the first quarter of 2017 have totaled in excess of $19 million in Montville, Cedar Knolls, Morristown, Whip- pany, Rockaway, Denville, Flanders, and Chatham.
“The pursuit of excellence inspires us in the work we do, the possibilities we create, and the services we provide.” — Susanne Newmark, Founder, CEO
Estate Brokerage Companies” in New Jersey, Newmark As- sociates is recognized as one of the most respected, successful commercial real estate provid- ers in the state. Among other distinguished awards, New-
and impact on the market by RXR Realty. Acclaimed con- sistently for years the “Best of the Best Power Broker” by CoStar Commercial Real Estate Information and Ana- lytics Company, Newmark is,
Creating New Possibilities in Commercial Real Estate
Office • industrial • retail • investment
ESSEX COUNTY
Property Type
Property Address
City
Status
SF
494-498 Watchung Avenue
SOLD SOLD SOLD SOLD SOLD SOLD SOLD SOLD SOLD SOLD SOLD SOLD SOLD SOLD SOLD SOLD SOLD SOLD SOLD
Bloomfield
Flex
7,200 1,300
201 South Livingston Avenue Livingston
Medical Medical
1001 Pleasant Valley Way
West Orange
10,000
Under Contract
847 S. 17th Street 632 Pompton Avenue 41-51 Wilson Avenue
Newark
Multi-Family
3,500 4,700 3,143 5,600
Cedar Grove
Office
Newark
Office Condo
465 Route 10
Livingston
Retail
MORRIS COUNTY Property Address
City
Property Type
Status
SF
69 King Street 2 Skyline Drive
Dover
Industrial Industrial
225,000 17,500 25,500
Montville
218 Ridgedale Avenue 46 South Park Place 548, 552 Main Street 273 East Main Street
Cedar Knolls Morristown
Medical
Multi-Family
5,450 3,700 8,700 9,735
Chatham Denville Flanders
Office Office Office Office Office Office Office Retail
354 Rt 206
520 Speedwell Avenue 402 Mt. Kemble Avenue
Morris Plains Morristown Pine Brook Township of Rockaway Cedar Knolls Whippany
28,000
2,400 8,700
48 Stiles Lane
114 Algonquin Parkway 420 West Clinton Street 7 Ridgedale Avenue PASSAIC COUNTY Property Address 141 Passaic Avenue UNION COUNTY
13,425
4,000 5,454
Office Condo
City
Status
Property Type
SF
SOLD
Passaic Park
Medical
4,500
Property Address
City
Status
Property Type
SF
SOLD SOLD SOLD
75 Route 22 East
Springfield
Land Office Retail
86,249 23,000
322-348 N. Wood Avenue
Linden Rahway
85 W. Main Street
2,200
SOMERSET COUNTY Property Address
City
Status
Property Type
SF
SOLD
513 Warrenville
Warren
Office Condo
7,400
Call for a confidential consultation. 973.884.4444 7 E. Frederick Place, Suite 500 Cedar Knolls, New Jersey 07927 www.newmarkassociates.com
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