The most unique Office Deal of 2017
Vision Real Estate Partners
1009 Lennox Drive Lawrenceville, NJ
Size: 89,000 SF Broker: Bradford Fenlon, Colliers Billtrust’s headquarters lease represented the largest new office lease in the Princeton submarket in 2017, and the fourth largest statewide. It signals the emergence of a new generation of office space users – one that will play a vital role in New Jersey’s future economic health. As property operator, Vision Real Estate Partners’ in-depth understanding of modern workplace strategy was instrumental in securing the Billtrust lease. The company will enjoy custom-branded space and an environment that provides existing employees with exciting amenities, and management with a competitive edge to attract new hires from a deep regional talent pool.
Marcus & Millichap PA Washington Towers Reading, PA
Size: 96 Apartments, 30,000 SF of retail We chose this property because it demonstrates the aggressive terms we can provide for suburban apartment buildings. We were able to arrange 80% Loan to Purchase Price, 10-year fixed term, 3 years Interest Only, 30-year amortization, Non-Recourse, Flexible Prepayment Penalty at an exclusive winning rate. We have this type of loan product readily available and priced to win.
NAI JAMES E. HANSON
Block 1309 Lot 1 New Milford, NJ
Size: 13.6 ACRES Brokers: Andrew Somple, Gregory James NAI James E. Hanson has negotiated the sale of 13.6 acres of land surrounded by Main Street, River Road and Madison Avenue targeted for development in New Milford, NJ. Andrew Somple and Greg James represented the seller, Suez Water North America, in the sale to New Milford Redevelopment Associates, a subsidiary of S. Hekemian & Co., Inc.