M id A tlantic Real Estate Journal — New Jersey — February 2025 — 15A
www.marej.com
N ew J ersey
2.25
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
NATIONAL NEWARK BUILDING Newark, NJ 35 Stories Residential conversion located in the heart of Newark’s Central Business District. Impressive art deco design. Tallest building in Newark.
500 HALLS MILL ROAD Freehold, NJ 204,780 SF
THE GARDENS Flanders, NJ 378,385 SF Recently renovated 378,385 SF power center. 99% leased to 29 tenants with a 9.4-year WALT. 93% national tenancy.
Located at the intersection of Routes 9 & 33. State-of-
the-art cross dock industrial building situated on +/- 19.02 acres.
SOLD
340 MOUNT KEMBLE AVENUE Morristown, NJ 439,059 SF
WALDWICK STATION Waldwick, NJ 111 Units
999 FRONTIER ROAD Bridgewater, NJ 40,565 SF Colocation and network facility, delivered 100% leased to 362 Data (data center) and PVH Corp (office). 2.3MW of power with potential future expansion.
Class A mixed use property connected to the Waldwick Train Station platform. Below market rents leaving upside for buyer.
Fully renovated, trophy class office building. 94.5% leased to investment grade tenants
with a 12.25 Year WALT.
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 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 DANIEL MASSRY daniel.massry@cushwake.com DAVID BETESH david.betesh@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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