10-27-17

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R Estimated market value is $175m and totals 750,000 s/f office & 1.3 million s/f industrial NKF’sTri-StateCapitalMarkets teambrings seven properties to market in 1st 90 Days utherford, NJ — Newmark Knight Frank (NKF) an-

ISSUE HIGHLIGHTS Volume 29, Issue 20 Oct. 27 - Nov. 9, 2017 SPO TLIGHTS Executive Women

nounced that the NKF Tri- State Capital Markets Team has procured seven office and industrial assignments in their first 90 days with the firm. “We are delighted with the team’s momentum in its early days at NKF and have high expectations that the tri-state team is becoming a market leader,” said vice chairman & COO of NKF New Jersey, David Simson . The estimated market value for these assignments is approxi- mately $175 million and totals 750,000 s/f of office and 1.3 million s/f of industrial space. The properties include: • Morris Corporate Center IV, Parsippany, NJ – Unmatched value-add opportunity to ac- quire a market-leading office property with two, five-story trophy office buildings totaling 359,671 s/f • Ramsey Office Centre, 500 N Franklin Tpke., Ramsey, NJ – 138,386 s/f class A office building. • 600 & 700 Horizon Center Dr., Hamilton, NJ – Two- building, 100% net leased office portfolio in Hamilton,

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Morris Corporate Center IV, Parsippany, NJ

Ramsey Office Centre

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9-16B

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160 Corporate Court, Meriden, CT

550 Research Parkway

NJ comprising a 95,000 s/f single story office building (600 Horizon), and a 120,000 s/f institutional-quality office building (700 Horizon) • Tulfra Industrial Portfolio, Northern NJ – Four-building, 100% net leased industrial portfolio totaling 254,000 s/f. • NY Life Industrial Portfolio, 550 Research Pkwy. & 160 Corporate Court, Meriden, CT – Two industrial buildings totaling 579,426 s/f. • 611-617 West Johnson Ave.,

Cheshire, CT– Four-building, 208,640 s/f industrial complex strategically located at the crossroads of I-84 and I-691 • Pfister Land Site, Ridgefield, NJ – 18.73-acre “construction ready” industrial development site that can accommodate 275,000± s/f of warehouse/ distribution space, strategi- cally located on Rte. 46 in the Meadowlands on what is Ber- gen County’s largest remain- ing parcel of developable land “The collaboration between

company,” said E. Thomas Harvey, III , president, HHA. “We are confident our vision for this site will create thou- sands of jobs during construc- tion and thousands more well- paying permanent jobs.” From its successful rede- velopment of Twin Spans Business Park in New Castle HHA brings a wealth of ex- perience with projects of this nature. Similar in scale to the GM Boxwood facility, Twin Spans Business Park is a 135 acre and 2 million s/f class A commercial warehouse, dis- tribution and office campus. Formerly an obsolete manu- facturing facility operated by Chicago Bridge & Iron, the Twin Spans campus is today 100% leased and employs over 1,000 people. n our various offices is a large part of what makes NKF a true leader in the industry,” said executive vice president Michael Cottle , manager of the Connecticut and West- chester County, NY Region. “The success of our expanded, regional Capital Markets group and its strong activity in their first 90 days with the firm reflects this notion. We are particularly excited about the industrial-segment activi- ty in the past three months.” n

Upcoming Conferences Nov. 9, 2017 New Jersey Capital Markets Summit Nov. 10, 2017 Philadelphia Office & Industrial Real Estate Summit For speaking and sponsorship information, please contact: Lea at 781-740-2900 or lea.christman@marejournal.com

HHA affiliate to acquire Former General Motors Automobile Assembly Plant 142 acre site inWilmington

Wilmington, DE — Harvey, Hanna & Associ- ates, Inc. (HHA) formally announced the pending acqui- sition of the former General

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801 Boxwood Rd., Wilmington

Motors Automobile Assembly plant located at 801 Boxwood Rd., Wilmington. Boxwood Indus t r i a l Park, LLC , an affiliate com- pany of HHA will acquire the 142 acre site from Wanxiang America Inc., which includes

in excess of 3 million s/f of former automobile manufac- turing space. Built in 1946, the site most notably served as the former General Motors Automobile Assembly plant. “This is an exciting time for our community and for our

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