Real Estate Journal — New Jersey — October 10 - 23, 2014 — 5B
M id A tlantic
N ew J ersey 132,000 s/f Metro Park South in Matawan, NJ Cushman & Wakefield advises in $20.7m recapitalization
Fairfield Corporate Park, Fairfield, New Jersey
ATAWAN, NJ — Cushman & Wake- field announced that
FOR LEASE 32,000 Square Foot Industrial Building
it served as the advisor to an affiliate of Denholtz As- sociates in arranging the recapitalization of Metro Park South, located at 100 Ma- tawan Rd. in Matawan. The $20.7 million transaction in- volved securing joint venture equity from Palatine Capital Partners . Metro Park South is a five- story, 132,000 s/f institutional quality office building located in one of the fastest growing regions in New Jersey. The state-of-the art office building offers first-class amenities. Metro Park South is situated at Exit 120 on the Garden State Parkway. A Cushman &Wakefield eq- uity, debt & structured finance team of John Alascio, Chris Moyer , John Spreitzer and Suraj Ravi , served as ex- clusive advisor to Denholtz Associates. “The consummation of this new joint venture is a tes- tament to growing institu- tional investor demand for high-quality assets at below replacement costs with ex- perienced sponsors in the suburban New Jersey office market,” said Alascio, manag- ing director. n Mattis joins CW Solutions as land research associate EASTBRUNSWICK., NJ — CW Solutions , a national real estate services firmspecializing
* Warehouse/Manufacturing * 6,000 Square Feet Office – Can be reduced * 20 Ft Ceiling Height / 4 Tailgate Doors / 60+ Car Parking * Attractive rental rates and terms available.
SHELDON GROSS REALTY, INC. REALTORS ● Corporate Real Estate Services 80 Main Street, West Orange, NJ 07052 Tel.#973-325-6200 - Fax.#973-325-9090 E-mail: firstname.lastname@example.org
Metro Park South
CELEBRATING OUR 108 TH YEAR Investment Real Estate Brokerage
Recent Multifamily Sales
Campus Crossings Glassboro, New Jersey 328 Units $19,100,000
Rachel Gardens Montville, New Jersey 764 Units $136,000,000
Royal Pines at Marlboro Marlboro, New Jersey 90 Units $17,650,000
in the utilities and wireless telecommu- n i c a t i o n s i ndus t r i es , ann o un c e d Freder i ca “Fredd i e ” Ma t t i s o f New York
City, has joined the company as right-of-way and land research associate. Mattis joins CW Solutions with 20 years of experience in the title insurance industry, specializing inmanaging closing desk, escrow agreements, post- closing clearance, bankruptcy, remittances, building loan proj- ects, co-insurance, residential and commercial deals. Mattis earned her associate’s degree in applied science/execu- tive fromThe CityUniversity of New York. n
Auburn Station Allentown, Pennsylvania 85 Units $10,600,000
Bradley Beach Village Bradley Beach, New Jersey 42 Units and 5 Stores $10,300,000
Union Bridge Apartments Rutherford, New Jersey 115 Units 98-Year Ground Lease
multifamily. retail. office.
www.kislakrealty.com 732 750 3000
The Kislak Company, Inc.
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