M id A tlantic Real Estate Journal — New Jersey — September 2024 — 33
www.marej.com
N ew J ersey
9.24
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
THE HOBOKEN COLLECTION Hoboken, NJ 132,700 SF
SUMMIT ON THE HUDSON Saugerties, NY 160 Units
333 NORTH STREET Teterboro, NJ 221,448 SF Final mile location immediately off I-80 and Routes 17 & 46. Minutes from Midtown Manhattan with 95 car parks, 22’ clear, and multiple loading positions.
100% leased retail portfolio in Hoboken’s upscale residential communities, Maxwell Place & Hudson
Newly constructed town- home luxury apartments in the Hudson Valley on 17.96 acres, directly off Route 9. The only
Tea. Below market rents with 24% rent increase and 29% NOI growth over 10 year hold.
100% market rate community built post 2021 within 10 miles.
SOLD
AVALON, DARIEN Darien, CT 189 Units
80 ESSEX AVENUE EAST
PARAMUS PLAZA 545 Route 17 South, Paramus, NJ 153,494 SF +13 acre retail center with frontage along Route 17. Anchored by Hobby Lobby,
Avenel, NJ 81,000 SF
Exceptional, stabilized Class A multifamily opportunity in a highly desirable, well-located community. Renovated in 2019 and features oversized units, attached
+4 acre industrial building with rent 43% below market and 1.2 Year WALT. Port location with immediate access to NJ Turnpike/I-95.
supported by Chipotle and Marshalls with a 7.6 year WALT
garages, and a full suite of amenities
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 JUSTIN LUPO justin.lupo@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 SAMANTHA MILLER samantha.a.miller@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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