M id A tlantic Real Estate Journal — New Jersey — October 2023 — 1B
www.marej.com
10.23
Cushman & Wakefield’s Tri-State Capital Markets closed in excess of $4.8 billion of office, industrial, retail, land and multifamily transactions in the past 12 months. RECENT SUCCESSES & NEW DEALS
MARKETING
80 & 100 GRASSLANDS ROAD Elmsford, NY 155,033 SF Light-industrial repositioning opportunity on 8.5 acres. Fully leased 67,454 SF flex building
JERSEY WALK Elizabeth, NJ 274 Units Newly constructed luxury apartments with long term tax abatement within
I-80 INFILL INDUSTRIAL PARK Paterson, NJ 191,942 SF Two-building industrial site 100% leased to four tenants with
three miles of NJTP, Route 9, I-287, & I-78
+ 87,579 SF fully available office building zoned industrial.
1.9 year WALT and 101% NOI upside.
SOLD
619 RIVER DRIVE Elmwood Park, NJ 105,474 SF 79% leased four-story medical and office building with below market rents and 61% of tenant
MAHWAH INDUSTRIAL CENTER
ALLENDALE SHALLOW-BAY INDUSTRIAL PARK Allendale, NJ 370,064 SF 35.1 acre, 7 building industrial park 99% occupied by 19 tenants with a 4.2
Mahwah, NJ 399,999 SF
3-building industrial park leased to seven
roster: medical / biopharma / R&D
tenants on 33.2 acres along Route-17
year WALT on Route-17
CAPITAL MARKETS GROUP
ANDREW MERIN andrew.merin@cushwake.com DAVID BERNHAUT david.bernhaut@cushwake.com GARY GABRIEL gary.gabriel@cushwake.com NIKO NICOLAOU niko.nicolaou@cushwake.com KYLE SCHMIDT kyle.schmidt@cushwake.com FRANK DITOMMASO frank.ditommaso@cushwake.com ANDREW SCHWARTZ andrew.schwartz@cushwake.com DAVID OROPEZA david.oropeza@cushwake.com
DAVID JARVIS david.m.jarvis@cushwake.com JUSTIN LUPO justin.lupo@cushwake.com RYAN DOWD ryan.dowd@cushwake.com RYAN LARKIN ryan.larkin@cushwake.com SETH ZUIDEMA seth.zuidema@cushwake.com BILL BAUNACH bill.baunach@cushwake.com MAX HELFMAN max.helfman@cushwake.com JORDAN SOBEL jordan.sobel@cushwake.com
ANDRÉ BALTHAZARD andre.balthazard@cushwake.com PETER WELCH peter.welch@cushwake.com WILL GERLIN william.gerlin@cushwake.com JEAN-PIERRE HOHL jeanpierre.hohl@cushwake.com MAIA SIRABIAN maia.sirabian@cushwake.com SAMANTHA MILLER samantha.a.miller@cushwake.com MORGAN BRECHMAN morgan.brechman@cushwake.com
CUSHMAN & WAKEFIELD, INC. CAPITAL MARKETS GROUP One Meadowlands Plaza, 7th Floor East Rutherford, NJ 07073 T / +1 201 935 4000 E / investment.sales@cushwake.com
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