Piscataway
- Jan 25, 2019
Cushman & Wakefield brokers trade of newly constructed, fully leased property
PISCATAWAY, NJ — A newly constructed industrial asset at 1 Turner Place in Piscataway traded this week in a sale orchestrated by commercial real estate services firm Cushman & Wakefield. The offering drew strong investor interest, reflecting sustained demand for class A product in New Jersey’s Upper 287 submarket. Bentall Kennedy, on behalf of its institutional investor client, acquired the property from a partnership of LaSalle Investment Management and Greek Development.
P
MAREJ
- Dec 24, 2018
Cushman & Wakefield adds 2.2 million s/f in New Jersey property management assignments
EAST RUTHERFORD, NJ — Cushman & Wakefield has announced the addition of more than 2.2 million s/f in New Jersey property management assignments, continuing a period of notable growth for the firm’s regional Asset Services practice. According to Michael Nevins, managing director, the three new agencies dovetail with continued strong investor activity and record user demand in the state’s thriving industrial market.
“Among the new assignments, Cushman & Wakefield Asset Servic
Buyer Ivy Realty plans upgrades
- Dec 20, 2018
Cushman & Wakefield’s EDSF group arranges $13.1m in purchase financing for 452,375 s/f industria
PHILADELPHIA, PA — Cushman & Wakefield’s Equity Debt & Structured Finance (EDSF) group has arranged $13.1 million in purchase financing for Ivy Realty’s acquisition of 11200 Roosevelt Blvd. in Philadelphia. The 452,375 s/f industrial asset will undergo a full rebranding under its new ownership.
EDSF team members John Alascio, Sridhar Vankayala and Zachary Kraft headed the financing assignment on behalf of Ivy Realty, ultimately securing Reinsurance Group of America, Inc. (RG
MAREJ
- Nov 21, 2018
Cushman & Wakefield arranges 540,103 s/f industrial sale/leaseback in Parsippany
PARSIPPANY, NJ — Cushman & Wakefield professionals from four Cushman & Wakefield service lines — Investment Sales, Finance, Leasing and Asset Management — worked in unison to structure the recent sale/leaseback of PNY Technologies’ Global Headquarters at 100 Jefferson Rd. in Parsippany. A joint venture of Turnbridge Equities, a New York City-based, privately held full-service real estate investment and development firm, and Harbor Group International, LLC (HGI), purchased the
Experic leases 45
- Nov 20, 2018
Elfand and Goldman of Cushman & Wakefield reps. growing clinical manufacturing organization
CRANFORD, NJ — Experic, LLC has leased 45,500 s/f at 2 Clarke Dr. in Cranbury, a class A research and office facility, announced Cushman & Wakefield. The location meets the clinical and marketed product manufacturing, research and development, packaging and distribution needs of the swiftly growing contract pharmaceutical supply services organization.
Cushman & Wakefield’s leasing specialists Todd Elfand and Jason Goldman, based in the commercial real estate services firm’s
Vicky Fajardo, Cushman & Wakefield
- Nov 1, 2018
Women in Business: “Be brave, be strong and be you. It’s not gender that defines you.”
Tell us how and when you began your career in the profession you are in:
I joined Cushman & Wakefield in February 2016 as the human resources manager of the New Jersey region with 18 years of human resources industry experience. At that time, the New Jersey region was in a state of transition, having just promoted the operations director to managing principal. I was tasked immediately to help secure a new operations director. After conducting numerous internal and external i
Alascio
- Oct 25, 2018
Cushman & Wakefield arranges purchase financing for Southern Bucks County, PA office asset total
YARDLEY, PA — Cushman & Wakefield’s Equity Debt & Structured Finance (EDSF) group has arranged $63 million in purchase financing for the acquisition of Lower Makefield Corporate Center in Southern Bucks County. Affiliates of Rubenstein Partners acquired the eight-building, 467,000 s/f Yardley office complex this month, with Rialto Capital Management providing separate mortgages for the property’s two distinct campuses on Stony Hill and Township Line Roads.
EDSF team members
P3 Props. purchases Somerset Financial Ctr
- Sep 25, 2018
Cushman & Wakefield inks 450,000 s/f lease
SOUTH BRUNSWICK, NJ — Cushman & Wakefield has inked a 450,000 s/f, full-building industrial lease for storage and moving services provider Clutter at 1065 Cranbury South River Rd. in South Brunswick. The newly constructed facility, launched as a speculative development by IDI Logistics, is nearing completion and will accommodate a late summer move-in.
Andrew Stypa and Daniel Badenhausen of the commercial real estate firm’s Iselin office, represent Clutter – a Los Angeles-bas
MAREJ
- Sep 21, 2018
The Garibaldi Group’s Stefans inks four deals in summer 2018
CHATHAM, NJ — Nick Stefans, The Garibaldi Group’s associate vice president, successfully closed four deals in just three months, totaling 13,065 s/f of space. Of these transactions, 6,615 s/f of office space was leased in the firm’s hometown of Chatham.
At 1 Main St. in Chatham, Stefans helped Metrix Lab secure 4,015 s/f in the Schenknan & Kushner building in July. Metrix Lab, a global market research company, was represented by Jon Williams, managing director of Cushman & W
Entry into Hampton Roads area includes: 122
- Aug 9, 2018
Cushman & Wakefield Thalhimer represents Conn’s
VIRGINIA BEACH, VA — Cushman & Wakefield | Thalhimer represented Conn’s HomePlus in their site selection and lease negotiations for several new retail locations in the Hampton Roads and Richmond markets.
Newly leased locations which represent Conn’s entry into the Hampton Roads area include: 40,500 s/f in Riverpointe Shopping Center at 1044 W. Mercury Blvd. in Hampton; 37,500 s/f in Princess Anne Plaza at Virginia Beach Blvd. & N. Plaza Trail in Virginia Beach; and, 44,386
MAREJ
- Aug 8, 2018
Cushman & Wakefield hires Friedman to NJ retail team
EAST RUTHERFORD, NJ — Retail leasing specialist Alana Friedman has joined Cushman & Wakefield as a senior associate based in East Rutherford. With six years of industry experience, the Fort Lee, resident is supporting the commercial real estate services firm’s growing Tri-State area retail practice.
Friedman’s expertise spans both retail tenant and landlord representation in New Jersey and the larger New York metropolitan area. “Alana brings extensive knowledge, great energ
Renovations underway at 723 Dresher Rd. & 216
- Aug 2, 2018
The RMR Group selects Cushman & Wakefield as leasing agent for two suburban Phila. office buildi
FORSHAM/KING OF PRUSSIA, PA — Cushman & Wakefield has been selected by The RMR Group as leasing agent for office properties located at 723 Dresher Rd. in Horsham, and 216 Mall Blvd. in King of Prussia. Both buildings are managed by The RMR Group.
723 Dresher Rd., a 50,000 s/f, single-story building, is situated close to a wide array of retail and dining venues, with direct access to regional highways including the Pennsylvania Tpke. The building is currently undergoing a ful
Cushman & Wakefield secures $95M in financing
- Jul 25, 2018
Cushman & Wakefield completes lease at Franklin Square Professional Center
WASHINGTON, DC — Cushman & Wakefield has secured a construction loan for 1050 17th St. on behalf of The Lenkin Company. The loan will be used to construct a new building, with renovations slated to begin later this year.
Philip Mudd and Brad Geiger, executive managing director and senior vice president at Cushman & Wakefield, respectively, represented the borrower in securing the loan from Eagle Bank. The team negotiated an agreement that will provide construction financing
MAREJ
- Jul 24, 2018
Casiano of Mack-Cali brokers 130,000 s/f lease
WOODBRIDGE, NJ — Mack-Cali Realty Corporation announced that Plymouth Rock has signed a 12-year, 130,000 s/f lease at 581 Main St., Mack-Cali’s class A office complex in Woodbridge.
A leading provider of personal and commercial automotive insurance, Plymouth Rock has office locations throughout the Northeast. The company’s commitment at 581 Main Street comes on the heels of Mack-Cali’s completion of a comprehensive capital improvements program at the property, which include
MAREJ
- Jul 17, 2018
Cushman & Wakefield brokers expansion for Harmelin Media
BALA CYNWYD, PA — Cushman & Wakefield represented Harmelin Media in a lease expansion and extension at 3 Bala Plaza East, in Bala Cynwyd. The strategic media solutions firm now occupies more than 23,000 s/f at the property and has committed to this location through 2023.
Harmelin Media already owns three office buildings in Bala Cynwyd, but the firm’s tremendous growth spurred it to lease additional space at 3 Bala Plaza East to support its continued growth in that location.
100% Leased 419
- Jul 13, 2018
Cushman & Wakefield|Thalhimer and Cushman & Wakefield's DC office ink $62.4M sale
RICHMOND, VA — Another collaborative effort from Cushman & Wakefield | Thalhimer’s Capital Markets Group and their partners in Washington, D.C. has resulted in a significant transaction in the Richmond market. The team represented Bridge Investment Group in the $62.4 million sale of SunTrust Center One and Two, a two-building, class A office park located at 11011 and 11013 West Broad St. in the Innsbrook submarket of Richmond.
Exceptionally well-located, the two buildings to
Cushman & Wakefield’s Alascio, Vankayala
- Jul 12, 2018
PCCP, LLC joint venture with Vision Real Estate Partners acquires 66-acre Corporate Campus
MORRIS PLAINS, NJ — PCCP, LLC announced its joint venture with Vision Real Estate Partners, a New Jersey-based, full-service real estate investment, development and asset management company, has acquired 185 and 201 Tabor Rd. in Morris Plains. The acquisition is of a 66-acre corporate campus composed of two properties, one a class A office building and the other a series of class B and C office buildings slated for redevelopment. The seller was the previous occupant, Johnson
By Stan Danzig, Cushman & Wakefield
- Jun 1, 2018
E-Commerce, other developments spur continued growth in Northern New Jersey’s industrial market
The continuing growth of e-commerce — which accounted for $119 billion of sales in the fourth quarter of 2017 alone, according to the U.S. Department of Commerce — is helping to drive demand for industrial/warehousing facilities in Northern New Jersey while shaping design requirements for new construction.Warehousing and distribution activity in general has already benefitted from strong brick-and-mortar sales for consumer products, apparel, food and other categories. The inc
507
- May 31, 2018
Cushman & Wakefield’s Blinebury, Carpenter, Yoshimura, & Hill, Jr. broker industrial sale
MECHANICSBURG, PA — Cushman & Wakefield’s Pennsylvania industrial team has brokered the sale of 6345 Brackbill Blvd. in Mechanicsburg. Penwood Select Industrial Partners, VLP purchased the 507,634-square foot, single-story industrial asset from a real estate investment management firm. Gerry Blinebury, executive managing director with Cushman & Wakefield, led the Capital Markets team of James Carpenter, Robert Yoshimura, and Joseph Hill, Jr., which represented the seller.Loca
Company completes trade of Monmouth Shores
- May 22, 2018
Cushman & Wakefield arranges three-building sale in Basking Ridge, NJ
BASKING RIDGE, NJ — A three-building office park in Basking Ridge has traded in a sale orchestrated by Cushman & Wakefield’s East Rutherford, investment sales team. Cranford-based Signature Acquisitions purchased 106, 110, and 150 Allen Road from The Silverman Group. The assignment was led by Cushman & Wakefield’s Gary Gabriel, Andrew Merin, David Bernhaut, Brian Whitmer and Frank DiTommaso II. Located immediately off of I-78 at Exit 33, the Park totals 524,260 s/f throughout