M id A tlantic Real Estate Journal — New Jersey — October 2024 — 17
www.marej.com
N ew J ersey
10.24
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
HAMBURG PAVILION Wayne, NJ 30,810 SF 100% leased to medical & service tenants with a 4.5 year WALT. Strategically located on Hamburg Turnpike.
THE PENNINGTON Passaic, NJ 147 Units
I-86 DISTRIBUTION CENTER Horseheads, NY 861,018 SF Located directly off I-86 and Route 14. $1.4 million potential NOI increase. +/-$3.1MM
Attractive luxury unit mix surrounded by the Garden State
Parkway and Routes 21, 3, & 46.
recent capital improvements.
SOLD
LONG ISLAND INFILL INDUSTRIAL PORTFOLIO Long Island, NY 435,030 SF
936 HARRISON AVENUE Kearny, NJ 211,287 SF Newly delivered vacant shell on 17 acres . Port location with one-turn NJ Turnpike access (<2 miles) via I-280 / Exit 15W.
SMITHVILLE SQUARE Galloway, NJ 106,931 SF 96% leased food / service- oriented center with 18 tenants and a 6.6-year WALT. Anchored by Curexa Pharmacy with
Last touch infill locations minutes from LIE.
Potential to increase NOI by $3.2MM. 76% occupancy with an 8.8 year WALT.
10+ years remaining term. Located four miles from GSP Exit 44.
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
Made with FlippingBook interactive PDF creator