Press Room

Cushman & Wakefield Named Leasing Agent for BroadAcres Office Park

393,000 SF Campus in Bloomfield, N.J., Sees Continued Success Under New Ownership

BLOOMFIELD, N.J., Sept. 18, 2018 – Cushman & Wakefield has been named the exclusive leasing agent for P3 Properties’ BroadAcres Office Park in Bloomfield. The appointment comes at a time of notable progress at the high-profile, 393,000-square-foot office campus.

P3 Properties acquired the four-building complex […]

September 18th, 2018|Press Room|0 Comments

Cushman & Wakefield Arranges $52 Million in Construction Financing for Hackensack, N.J., Multifamily Development

Waypoint Residential Set to Launch Ground-up Construction of 235 Class A Apartments

HACKENSACK, N.J., Sept. 17, 2018 – Cushman & Wakefield’s Equity, Debt, & Structured Finance (EDSF) group has arranged approximately $52 million in construction financing for a ground-up multifamily development set to launch in Hackensack. Waypoint Residential will redevelop the property at 435 Main Street […]

September 17th, 2018|Press Room|0 Comments

Cushman & Wakefield Arranges Long-Term Lease for Almod Diamonds at Tower 49

New York, NY – September 17, 2018 – Cushman & Wakefield announced today that the real estate services firm has arranged a long-term, 16,200 square-foot lease for Almod Diamonds at 12 East 49th Street, also known as Tower 49®. The diamond company will occupy the entire 39th floor for their headquarters and back office starting […]

September 17th, 2018|Press Room|0 Comments

Cushman & Wakefield Inks Three Medical Office Leases in Franklin Lakes, N.J. at the New 32,500-SF Franklin Lakes Towne Square

794 Franklin Ave. the Only New Building in Bergen County Designed for Medical-Retail Mix

FRANKLIN LAKES, N.J., Sept. 14, 2018 – Three new medical office tenants have leased space at Gabrellian Associates’ new mixed-use building at 794 Franklin Ave., announced Jeffrey A. Prezant, senior director of Cushman & Wakefield’s Healthcare Practice Group in East Rutherford.

Metro […]

September 14th, 2018|Press Room|0 Comments

Cushman & Wakefield Arranges 53,000-Square-Foot Lease Renewal for Emmet, Marvin & Martin at 120 Broadway

New York, NY – September 13, 2018 – Cushman & Wakefield announced today that the real estate services firm has executed a long-term lease renewal at 120 Broadway on behalf of law firm Emmet, Marvin & Martin, LLP.

A Cushman & Wakefield team consisting of Executive Vice Chairman Robert Lowe, Executive Managing Director Michael Norris and […]

September 13th, 2018|Press Room|0 Comments

Cushman & Wakefield and Rudder Property Group Arrange Sale of Office Cooperative in Hudson Yards

New York, NY – September 11, 2018 – Cushman & Wakefield and Rudder Property Group announced today that the real estate services firms have arranged the sale of an 11,750 rentable square foot (rsf) office cooperative located at 450 West 31st Street in Manhattan’s Hudson Yards neighborhood. The final closing price was $9,500,000.

Cushman & Wakefield’s […]

September 11th, 2018|Press Room|0 Comments

142,352 Square Feet of Leases Concluded at 44 Whippany Road

Marcus Partners Inks Four Office Leases

MORRISTOWN, N.J., Sept. 11, 2018 – Four new leases and a renewal reflect strong demand at the newly renovated 44 Whippany Road, a property owned by an affiliate of Marcus Partners. Cushman & Wakefield serves as exclusive leasing agent for the 230,000-square-foot, Class A office property. Last year, the property […]

September 11th, 2018|Press Room|0 Comments

Cushman & Wakefield: Life Sciences Driving Improved Office Fundamentals in N.J.

Sector Generates Significant Year-to-Date Leasing Volume – with More to Come

EAST RUTHERFORD, N.J., Sept. 7, 2018 – Even before Teva Pharmaceuticals USA Inc., represented by Cushman & Wakefield, signed a 345,000-square-foot commitment in Parsippany in July – marking the largest office lease year-to-date in Northern and Central New Jersey – the life sciences sector had […]

September 7th, 2018|Press Room|0 Comments

Cushman & Wakefield Executes $53 Million Sale of Pelham Parkway Portfolio

Bronx, NY – September 6, 2018 – Cushman & Wakefield announced today that the firm has arranged the sale of a portfolio consisting of three apartment buildings situated in the Pelham Parkway neighborhood of the Bronx. The final closing price was $53 million, equating to approximately $237,668 per unit and a 4% cap rate.

A […]

September 6th, 2018|Press Room|0 Comments

Two Additional Leases Inked at 575 Fifth Avenue

Cushman & Wakefield secured its third lease in two months for the property; CBRE represents landlord in carry-over lease

New York, NY – September 5, 2018 – Cushman & Wakefield today announced that the real estate services firm has secured an additional lease at 575 Fifth Avenue in Midtown Manhattan on behalf of the landlord, […]

September 5th, 2018|Press Room|0 Comments