18C — March 29 - April 11, 2013 — The Best of 2012 — Mid Atlantic Real Estate Journal
www.marejournal.com
The Largest Owners Properties of 2012 Walters Group Atlantic Heights, 900 Barnegat Boulevard N, Barnegat, NJ — 350,000 sf — Prism Capital Partners 41 Slater Drive Elmwood Park, NJ — 180,000 sf — Berger Organization The Military Park Building 60 Park Place, Newark, NJ — 250,000 sf —
The Berger Organization’s Military Park Building sits in the heart of Newark’s CBD, overlooking Mili- tary Park, near mass transit, entertainment and cul- tural attractions. The 21-story office tower underwent a comprehensive refurbishment in 2001. That project included mechanical upgrades, new windows and exterior restoration of the 85-year-old property. As owner/manager, Berger recently completed another major update that upgraded the lobby, core building and elevators, and introduced a fitness center and conference room for tenants. The firm also estab- lished street-level retail that can be accessed from both outside and within the building.
Prism Capital Partners LLC and The Davis Companies teamed up to acquire 41 Slater Drive, a 180,000 s/f industrial building in Elmwood Park, from an affiliate of paper products manufacturer Marcal. Constructed in 1972 and situated on 11 acres at the intersection of I-80 and River Rd. in Bergen County, the property consists of 145,000 square feet of warehouse space and a 35,000 s/f office component. The location pro- vides visibility from I-80.
Atlantic Heights is a 310-unit multi-family develop- ment situated on 48 acres in Southern Ocean County. Amenities include on-site clubhouse, resort-style swimming pool, and state-of-the-art fitness center. It combines quality construction and design with afford- ability for individuals and families.
Congratulations
BRENDAN BERGER, VP OF LEASING FOR THE BERGER ORGANIZATION &
SAM BACHUS, MANAGER FOR THE MILITARY PARK BUILDING
570 Broad
Robert Treat Center
The Fireman’s Insurance Building
Military Park Building
Berger Organization www.bergerorg.com
For more information contact: Brendan Berger at 973-623-3300 • brendan@bergerorg.com
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