M id A tlantic Real Estate Journal — New Jersey — November 13 - December 10, 2020 — 1B
www.marej.com
11 .20
Cushman & Wakefield’s Metropolitan Area Capital Markets Group closed in excess of $3.0 billion of office, industrial, retail, land and multifamily transactions in the past 12 months. RECENT SUCCESSES & NEW DEALS
SOLD
1200 AMBOY AVENUE Perth Amboy, NJ 192,500 SF Industrial building on +-16 acres in the port submarket with a 20 year sale leaseback in place
55 CHALLENGER ROAD Ridgefield Park, NJ 269,720 SF 94% occupied, 269,720 SF Class A office building at the convergence of I-95 and Route 46
2100 MACK BOULEVARD Allentown, PA 250,000 SF 250,000 SF, six-story office building on a 22 acre site 100%
net-leased to Lehigh Valley Health Network
MARKET I NG
NEWARK DISTRIBUTION CENTER
EDISON LOGISTICS CENTER Edison, NJ 61,000 SF 15.6 acre site leased to three tenants, future opportunity for +/- 330,000 SF industrial redevelopment
BROAD & HALSEY STREET PORTFOLIO
Newark, NJ 807,845 SF 3 buildings on 16.2 acres with over
Newark, NJ 816,361 SF Iconic Newark CBD
office towers & parking garage; 72% leased by State of NJ
$10M in recent improvements and rents 27% below market
CAPITAL MARKETS GROUP
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
ANDREW J. MERIN andrew.merin@cushwake.com DAVID W. BERNHAUT david.bernhaut@cushwake.com H. GARY GABRIEL gary.gabriel@cushwake.com BRIAN J. WHITMER brian.whitmer@cushwake.com KYLE B. SCHMIDT kyle.schmidt@cushwake.com
ANDREW SCHWARTZ andrew.schwartz@cushwake.com SETH POLLACK seth.pollack@cushwake.com FRANK DITOMMASO frank.ditommaso@cushwake.com RYAN W. DOWD ryan.dowd@cushwake.com RYAN J. LARKIN ryan.larkin@cushwake.com
SETH C. ZUIDEMA seth.zuidema@cushwake.com MARK C. PHILLIPS mark.c.phillips@cushwake.com MAX C. HELFMAN max.helfman@cushwake.com JORDAN SOBEL jordan.sobel@cushwake.com ELI A. MILLSTEIN eli.millstein@cushwake.com PETER WELCH peter.welch@cushwake.com
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