2-27-15

R EAL E STATE J OURNAL the most comprehensive source for commercial real estate news

Robert Tillsley, John D’Amato and David Yao represent SITEX GROUP McBride RE Corp./CORFAC Int’l. reps. buyer of $38 million Sharp Electronics

ISSUE HIGHLIGHTS Volume 27 Issue 4 Feb. 27 - March 12, 2015

M

AHWAH, NJ — McBride Corpo- rate Real Estate/

SPO TLIGHT COMMERCIAL OFFICE PROPERTIES Featuring. . .

C O R F A C I n t e r n a - tional pres- ident Rob- er t Ti l l s - ley, SIOR , announced that he and two of hi s M c B r i d e

Robert Tillsley

colleagues, John D’Amato and David Yao , have rep- resented SITEX GROUP in the acquisition of a 56- acre, 510,000 s/f campus that is comprised of one office building and one industrial building. The property is located at 1 Sharp Plaza in Mahwah .

1 Sharp Plaza in Mahwah, NJ Sharp Electronics. McBride represented Sharp Electron- ics in the lease to Amazing Savings. The McBride team has been retained to market 120,000 s/f of improved office and warehouse space that is avail-

The seller, Sharp Electron- ics, had occupied the entire property at one time and has leased back 182,000 s/f of fa- cilities. Amazing Savings is a tenant at the property and occupies 208,000 s/f that it had previously leased directly from

able immediately for lease. In addition, the real estate firm is also marketing 23 acres of land for the new owner that can be sold, leased to a build- to-suit occupier or structured as a ground lease to another entity. n

Section C

RETAIL DEALS OF 2014

12-16A

Foster, Wold & Wilson of Avison Young co-broker transaction with Chad Zande CenterPoint Properties sells 10-building portfolio in the Greater Milwaukee market

For speaking and sponsorship information, please contact: Linda Christman at 781-871-3456 or lchristman@marejournal.com UPCOMING CONFERENCES 2015 SCHEDULE: APRIL 2, 2015 NJ LAND DEV. SUMMIT MAY 7, 2015 NJ OFFICE SUMMIT JUNE 25, 2015 NJ COMMERCIAL RE FORECAST SUMMIT

OAK BROOK, IL — Cen- terPoint Properties an- nounced the disposition of a 10-building portfolio in the Greater Milwaukee market. The portfolio consists of 1.74 Million s/f and 116 acres of land. Erik Foster, MikeWil- son and Christy Wold with Avison Young co-brokered with Chad Vande Zande , both representing Center- Point in the transaction. “CenterPoint is heavily focused on growing and re-

Directory

Owners, Developers & Managers ..... Section B Green Buildings ................................ 7-17B Shopping Centers . ........................... 7-18A

multi-modal advantage.” Building addresses include: 1. W142 N9251 Fountain Blvd., Menomonee Falls, WI 2. 5401 W. Donges Bay Rd., Mequon, WI 3. 7025 W. Parkland Ct., Milwaukee, WI 4. 7501 N. 81st St., Milwau- kee, WI 5. 11925 W. Carmen Ave., CenterPoint Milwaukee headquarters

allocating into logistically advantaged markets such as Seattle, Los Angeles, Hous- ton, and Northern New Jer- sey,” said Laura Petrucci , vice president, investments of CenterPoint. “The 10-build- ing portfolio sale is aligned with the advancement of Cen- terPoint’s strategy to invest in those assets possessing a

Milwaukee, WI 6. 2450 S. 170th St., New Berlin, WI 7. 16405 W. Lincoln Ave., New Berlin, WI 8. 16800 W. Ryerson Rd., New Berlin, WI 9. 2900 S. 160th, St., New Berlin, WI 10. 6736 W. Washington Dr., West Allis, WI. n

Upcoming Spotlight March 13, 2015 1031 EXCHANGE

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