Real Estate Journal — New Jersey — June 14 - 27, 2019 — 13B
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More than 800 attendees celebrate NAIOP NJ’s 32 nd Annual Gala honors CRE leaders
Prime Property for Lease in Lumberton, NJ
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OMERSET, NJ —More than 800 a t t endees turned out to celebrate the Garden State’s commercial real estate industry at NAIOP New Jersey’s 32nd Annual Awards Gala on May 16. The sold-out black-tie event, held at the Palace at Somerset Park, recognized the achievements of leading professionals and orga- nizations and the state’s most impactful transactions of 2018. NAIOP New Jersey pres- ident Eugene Preston of Dermody Properties said, “Tonight we celebrate a truly outstanding and accomplished group of honorees and Deal of the Year finalists. Each has made unique contributions to New Jersey’s economic growth, the commercial real estate in- dustry and communities large and small across the Garden State.” The commercial real es- tate development association awarded its highest honor, the Lifetime Achievement Award, to Andrew J. Merin , an executive vice chairman of Cushman & Wakefield . Merin was recognized for his distinguished record of exem- plary service to the industry and to the community, as well as for his significant personal accomplishments. City of New Brunswick Mayor James Cahill received the Caren S. Franzini Public Partner Award, which honors local champions of develop- ment that inspire and trans- form communities. The Impact Award, which recognizes firms for their impact on the indus- trial and office development community, was presented to Greek Development and Whitesell Construction Co., Inc. GretchenWilcox , president and founder of G.S. Wilcox & Co. , received the Industry Ser- vice Award for her considerable contributions in support of the commercial and industrial real estate industry’s goals. Deal of the Year Awards Deal of the Year winners MARLTON, NJ — Van- tage Real Estate Services (Vantage RES) announced Edward Jones signed a long- term lease of 1,900 s/f in Marl- ton. Edward Jones’ new office is located within The Atriums at Greentree, 751 Rte. 73 N, Marlton, conveniently located near Rte. 70, the NJ Tpke. and
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• 32,252 sf warehouse portion and 6,600 sf office area • 24’ + clear height, 600 amp electric, ESFR sprinkler, T-5 lighting and skylights • 8 loading docks, and 3 drive-in doors • Located at crossroads of NJ Route 38 and Mount Holly Bypass, within several miles of NJ turnpike Exit 5 and Exit 40 of I-295
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Standing: Michael McGuinness (NAIOP NJ), David Greek (Greek Development), Meryl Gonchar (Sills Cummis & Gross PC), Gene Preston (Dermody Properties), Sam Morreale (Vision Real Estate Partners), Gretchen Wilcox (G.S. Wilcox & Co.), Mayor James M. Cahill (City of New Brunswick), Frank Greek (Greek Development), Clark Machemer (Crow Holdings). Front row Tom Heitzman (White- sell Construction), Matt Schlindwein (Greek Development), Andrew Merin (Cushman & Wakefield New Jersey), Robert Rudin (Cushman & Wakefield New Jersey), and Michael Sommer (Edison Properties).
were selected in three catego- ries based on impact on the community and marketplace; degree of complexity and/or uniqueness; innovative strat- egies; and creative problem solving. Industrial: Linden Logistics Center, Linden With over 100 years of chem- ical manufacturing, 30 total years of environmental clean- up and 15 years of vacant, idle land at Tremley Point, Linden, in 2018, it was time for the team of Greek Development, Advance Realty and CBRE to acquire the site and start the 4.1-million-square-foot warehouse redevelopment and transformation on this site. Involved in the deal were CBRE; Advance Realty; and Greek Development. Office: Integra LifeSciences HQ Relocation, Princeton Cushman & Wakefield facilitated the headquarters consolidation for Integra Life- Sciences, a world leader in medical technology and one of Fortune's 100 Fastest Grow- ing Companies, into a 167,000 s/f Trophy class A building in Princeton. The ultimate trans- action involved a lease buyout, I-295. Monica Walsh , executive vice president at Vantage RES, worked closely with Kelli Brack , Financial Advisor at Edward Jones, a leader in the financial-services industry serving nearly seven million clients, to locate and secure of- fice space that accommodated
purchase of an existing in- stallation, execution of a new lease, and awarding of state incentives. Involved in the deal were Cushman & Wake- field; Integra LifeSciences; HLW International; Black Creek Group LLC; Fox Rothschild LLP; Sills Cum- mis & Gross P.C.; and New- mark Knight Frank. Mixed Use: Ironside New- ark, Newark Edison Properties has substantially completed the adaptive reuse of Ironside Newark, the transformative 21st Century Workplace in the heart of Newark's revitalized downtown. The 456,000 s/f, mixed-use commercial desti- nation has already attracted multiple tenants, including a long-term, 148,500 s/f lease with Mars Wrigley Confec- tionery, in a transaction ar- ranged by CBRE. Involved in the deal were Edison Proper- ties; Beckerman; Newark Community Development Corporation; Perkins East- man; Langan Engineering and Environmental Ser- vices; CBRE; Genova Burns; and Riker Danzig Scherer Hyland & Perretti.
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Edward Jones’ specific criteria. “Working withMonicaWalsh and Vantage RES was such a pleasure. Their knowledge of the area, the pros and cons of the available properties, and the relationships they have built with owners and property managers was a huge asset in our search, said Brack. Vantage RES secures long-term lease inMarlton
Call or email Kerrin Devine kdevine@marejournal.com 781.740.2900
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