Press Room

Fully Leased Luxury Rental Community For Sale in Essex County, N.J.

Cushman & Wakefield Brings a Recently Constructed Apartment Community to Market in Desirable Cedar Grove
CEDAR GROVE, N.J., Mar. 20, 2019 – A fully leased, luxury two-building rental community has come online for sale in Cedar Grove, situated in one of New Jersey’s historically best performing rental submarkets. The 24-unit Zephyr Ridge was completed in […]

March 20th, 2019|Press Room|0 Comments

Cushman & Wakefield to Market Brooklyn Logistics Center Now Under Construction

214,000-Square-Foot Class A Distribution Facility to be New York City’s First Completed Speculative Industrial Development

New York, NY March 19, 2019 – Cushman & Wakefield today announced that the real estate services firm has been retained on an exclusive basis to lease Brooklyn Logistics Center, a two-building, 214,000-square-foot single story industrial facility at 12555 and […]

March 19th, 2019|Press Room|0 Comments

Cushman & Wakefield Arranges $91 Million Financing for The Press Building in Hell’s Kitchen

NEW YORK, NY- March 15, 2019 — Cushman & Wakefield announced today that the firm served as the exclusive advisor to Divco West Real Estate Services, LLC in the procurement of $91 million in financing for a 192,571-rentable-square- foot office and retail property located at 311 West 43rd Street in Manhattan’s Clinton/Hell’s Kitchen neighborhood. The acquisition […]

March 15th, 2019|Press Room|0 Comments

H.J. Kalikow & Co., LLC Scores 48,500-Square-Foot Lease at 101 Park Avenue

New York, NY – March 12, 2019 – H.J. Kalikow & Co., LLC announced today that its trophy property, 101 Park Avenue, has completed a 48,500-square-foot, eleven-year lease with Alliant Insurance Services, Inc.  Alliant will occupy floors 12 and 14.

Cushman & Wakefield’s John Cefaly and Nicholas Dysenchuk, represented the landlord in the transaction.  Joseph Cabrera […]

March 12th, 2019|Press Room|0 Comments

Cushman & Wakefield Named Property Manager for Former Ballantine Brewery Campus on Ferry Street in Newark, N.J.

New Ownership Investing Capital to Renovate and Reposition Multi-Tenant Industrial Asset

NEWARK, N.J., March 12, 2019 – Cushman & Wakefield has been named property manager for the 22-acre former P. Ballantine & Sons brewery on Ferry Street in Newark. The appointment closely follows the Ironbound industrial property’s acquisition by Turnbridge Equities and institutional investors advised by […]

March 12th, 2019|Press Room|0 Comments

Cushman & Wakefield Orchestrates Sale of 99 Wood Avenue South in Iselin, N.J.

Sale Illustrates How Metropark Market Continues to Attract Both Tenants and Investors

ISELIN, N.J., Mar. 7, 2019 – Cushman & Wakefield’s New Jersey capital markets team has orchestrated the sale of 99 Wood Avenue South in Iselin. Mack-Cali Realty Corporation purchased the 271,988-square-foot, Class A office tower from a private real estate investment firm.

99 Wood Ave. […]

March 7th, 2019|Press Room|0 Comments

Cushman & Wakefield Arranges Sale of 88,910 SF Office Building in Morris Plains

Three-story Building with Recently Renovated Common Area on 16.5 Acres Close to Corporate and Retail Centers Drew Spirited Interest

MORRIS PLAINS, N.J., Mar. 5, 2019 – Cushman & Wakefield has arranged the sale of 201 Littleton Road, a three-story office building on a nearly 17-acre site in Morris Plains. Chopp Holdings, an experienced local investor, […]

March 5th, 2019|Press Room|0 Comments

Cushman & Wakefield Arranges $51.5M in Financing for Bergen Logistics Distribution Properties in North Bergen, N.J.

Strong Debt Capital Market for NYC-Proximate N.J. Industrial Yields Attractive Terms for Refinance/Credit Line Play

NORTH BERGEN, N.J., Mar. 1, 2019 – Cushman & Wakefield’s Equity, Debt & Structured Finance (EDSF) group has arranged approximately $51.5 million in financing on behalf of Bergen Shippers Corp., for the purpose of refinancing two mortgages and establishing a credit […]

March 1st, 2019|Press Room|0 Comments

Cushman & Wakefield Arranges $41 Million in Acquisition Financing for Industrial Portfolio in Central New Jersey

SOMERSET COUNTY, N.J., February 26, 2019 — Cushman & Wakefield today announced that the brokerage firm has successfully arranged $41 million in acquisition financing for Ivy Realty in their purchase of a 768,244-square-foot industrial portfolio located in Warren and Somerset, New Jersey. The financing was provided by BBVA Compass, which funded both the acquisition and future […]

February 26th, 2019|Press Room|0 Comments

Cushman & Wakefield Arranges Sale of Retail Property in Huntington, Long Island

New York, NY – February 25, 2019 – Cushman & Wakefield announced today that the firm has arranged the sale of 306 Main Street, a 2,111-square-foot retail property in Huntington, New York. The final closing price equated to $473 per square foot.

Cushman & Wakefield’s Robert Kuppersmith, Managing Director, and Daniel A. Abbondandolo, Senior Director, represented […]

February 25th, 2019|Press Room|0 Comments