AUGUST 2025

M id A tlantic Real Estate Journal — New Jersey — August 2025 — 15

www.marej.com

N ew J ersey

8.25

Cushman & Wakefield’s Tri-State Capital Markets closed in excess of $2.4 billion of office, industrial, retail, land and multifamily transactions in the past 12 months. RECENT SUCCESSES & NEW DEALS

MARKETING

CARNEGIE CENTER WEST Princeton, NJ 49.7 Acres

LATITUDE Parsippany, NJ 527,374 SF

1 PHILIPS PARKWAY Montvale, NJ 90,000 SF

43.7 developable acres at Route 1 with approvals for 270-unit extended-stay hotel and flexibility for multifamily, senior living, or mixed-use—minutes from transit, retail, and major employers.

Four-building trophy office campus on 35 acres - 74% leased with

R&D lab and office facility on 11 acres - office/research zone with redevelopment potential, strategic location near major highways and retail, optional lease-back through 2028.

$47M in upgrades, 30K SF amenities, & strong leasing momentum in an evolving live-work- play corridor.

SOLD

CENTER @ PURCHASE Purchase, NY 686,561 75% leased Class-A office campus with $1.78M in upgrades and strong leasing momentum, located near

333 NORTH STREET Teterboro, NJ 221,448 SF 100% leased industrial facility on 8.39 acres with 22’ clear heights, 26 dock doors, 95 car parks, and direct

FOX RUN & NORTH POINTE Clifton Park, NY 666 Units Two-property garden- style portfolio on 53 acres featuring full amenity packages and value-add upside in a supply-constrained Albany submarket

major mixed-use development on Westchester’s Platinum Mile.

access to I-80. 3.4 year WALT with annual rent escalations.

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

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 JEAN-PIERRE HOHL jeanpierre.hohl@cushwake.com MAIA SIRABIAN maia.sirabian@cushwake.com MICHAEL GUERRA michael.guerra@cushwake.com RYAN KELLY ryan.kelly1@cushwake.com DAN BOTTIGLIERI daniel.bottiglieri@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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