M id A tlantic Real Estate Journal — New Jersey — November 2024 — 13
www.marej.com
N ew J ersey
11.24
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
30 MONTGOMERY STREET Jersey City, NJ 368,049 SF
CORNERSTONE YORKSHIRE Long Island, NY 80 Units
BUILDING A @ INTERSTATE CROSSINGS Brewster, NY 303,100 SF 100% occupied 2024 build with 6-year WALT. Located at the crossroads of
16-story trophy tower with waterfront location and unmatched connectivity. 30% of leases signed in the last 24 months were at 30 Montgomery.
Class-A luxury mid-rise with an attractive unit mix. Immediate access to recreational amenities. 20-year real estate tax abatement.
I-84 and I-684. 10-year PILOT.
SOLD
CANDLEWOOD INDUSTRIAL PARK Bay Shore, NY 560,719 SF
LANIDEX INDUSTRIAL REDEVELOPMENT SITE Parsippany, NJ +/- 10 Acres
VENTUREPARK ISP III Long Island, NY 137,470 SF
9.02 acres “shovel ready” for Class-A industrial redevelopment. Located one turn off Exit 60 of the L.I.E / I-495. 10-year PILOT.
Two buildings fully leased with a 2.5-year WALT.
Redevelopment site at the intersection of I-80 & I-287. Zoned
Current rent is 83% below market.
for as-of-right for industrial. Opportunity for PILOT.
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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