M id A tlantic Real Estate Journal — New Jersey — January 2024 — 1B
www.marej.com
1.24
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
OCEAN GATE Long Branch, NJ 170 Units
PLATTSBURGH PLAZA Plattsburgh, NY 166,397 SF 14.9 acre community center with 18 tenants anchored by Big Lots. Currently 78% leased with room for significant upside.
786 BROAD STREET Newark, NJ 16-Story Tower Repositioning opportunity steps from the Prudential Center in a qualified zone. Property includes ground floor retail occupied by 5 tenants with floors 2-16 available.
11.6 acre trophy apartment complex steps from the beach with units averaging
1,288 SF. Located at the confluence of Route 36 & Route 18.
SOLD
169 LACKAWANNA AVE Parsippany, NJ 20.5 Acres
61 SOUTH PARAMUS ROAD Paramus, NJ 287,704 SF 96% leased office with 18 tenants. Average rent of $32 PSF and 4.9 Year WALT with best-in- market amenities and $4.5M in renovations completed 2023.
170 WOOD AVENUE SOUTH Woodbridge, NJ 239,452 SF Metropark eight- story trophy building delivered vacant. Former Siemens HQ with Energy Star and LEED Gold certification.
Industrial zoned redevelopment site with heavy power located one turn off Route 46. Existing 256,956 SF delivered vacant.
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 WILL GERLIN william.gerlin@cushwake.com JEAN-PIERRE HOHL jeanpierre.hohl@cushwake.com MAIA SIRABIAN maia.sirabian@cushwake.com MICHAEL GUERRA michael.guerra@cushwake.com SAMANTHA MILLER samantha.a.miller@cushwake.com MORGAN BRECHMAN morgan.brechman@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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