Real Estate Journal — New Jersey — November 10 - 23, 2017 — 3B


M id A tlantic

N ew J ersey

Devli Grp. buysWarrenCounty asset fromHampshireMgmt. Cushman&Wakefield inks sale of 197,438 s/f flex/industrial campus H ACKETTSTOWN, NJ — Cushman & Wakefield ’s Metro-

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politan Area Capital Markets Group has arranged the trade of Hackettstown Commerce Park, a 197,438 s/f flex/indus- trial campus with nearly eight acres of developable land in Warren County. Devli Group purchased the asset from Hampshire Management Co. Comprised of three buildings and two land parcels on Bilby Rd. and Willow Grove St. in Hackettstown. “Multi-tenant industrial is in great demand in Northern NJ, and Hackett- stown Commerce Park offers a diverse rent roll including dis- tribution, fulfillment and light assembly operations,” said Cushman & Wakefield’s An- drew Merin , who headed the assignment with Metropolitan Area Capital Markets team members David Bernhaut, Gary Gabriel, Brian Whit- mer, Andrew Schwartz, Kyle Schmidt, Ryan Larkin ; Hanan joins The Goldstein Group as vice-president in newly-formed Tgg Urban Division PARAMUS, NJ — Chuck Lanyard , president of The GoldsteinGroup (TGG) , has has tapped into the growing shift towards creating walk- able retail and residential cen- ters in downtown city settings. “We are very pleased to have Ralph join our professional team of urban retail brokers, as we continue to expand our TGGUrban Group with highly qualified professionals,” said Lanyard. Hanan will oversee the bro- kerage of new developments and existing buildings, as well as tenant representation and investment sales in the met- ropolitan NY and NJ submar- kets. He’ll also direct a team of professionals providing retail leasing and advisory services to urban mixed-use property owners, developers and man- agement firms in the region. n Ralph Hanan announc ed that Ralph Hanan has j o i ned t he company as a VP within TGG Urban, the recently- formed divi- sion which

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Hackettstown Commerce Park

and industrial leasing special- ist Jason Barton . The team represented the

seller and procured the buyer for Hackettstown Commerce Park. n

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