Fort Lee, NJ — Newmark Knight Frank (NKF) announced the sale of One Bridge Plaza in Fort Lee, on behalf of Mack-Cali Realty Corporation. Executive managing director Kevin Welsh, managing director Brian Schulz and associate Jason Emrani of NKF’s Capital Markets group represented the seller in the transaction, along with support from vice chairman and COO of New Jersey, David Simson. The team was also responsible for procuring the purchaser, a private investor.
One Bridge Plaza is a 206,500 s/f, 10-story, class A office building that was 69% leased to a diverse tenant roster at the time of the sale. The property is located within Fort Lee’s emerging live/work/play lifestyle environment at the entrance to the George Washington Bridge, and boasts prominent visibility and a distinct skyline presence.