Decision Reflects Total Dollar, Deal Volume and Other Metrics
EAST RUTHERFORD, N.J., April 2, 2018 – Five commercial real estate brokers from Cushman & Wakefield’s New Jersey Leasing and Investment Sales ranks have been presented with the prestigious 2018 Top Broker Awards from Connect Media. Culled from more than 500 nominations, Chuck Fern, Andy Merin, David Bernhaut, Gary Gabriel and Brian Whitmer were honored for their accomplishments. Fern was recognized for closing 46 industrial leases totaling 5.3 million square feet with a total value of $206 million in 2017; Merin, Bernhaut, Gabriel and Whitmer were named for closing 69 commercial real estate sales totaling 20.5 million square feet with a value of $2.4 billion in 2017, including land, multifamily, office, retail and mixed-use properties.
“The accomplishments of Chuck, Andy, David, Gary and Brian exemplify the team spirit and client dedication that Cushman & Wakefield is known for,” said Andrew Judd, Cushman & Wakefield’s New Jersey market leader. “Their efforts reflect the unparalleled dedication and creativity that our members bring to every assignment.”
Based in Iselin, Fern was named Cushman & Wakefield’s top industrial producer nationwide for the second year in a row. His accomplishments include one of New Jersey’s largest industrial leases in 2017, when Fern and Cushman & Wakefield’s Jason Barton served as tenant representatives for Mark Fisher in its long-term lease commitment at GLP US Management LLC’s 1240-1248 Cranbury South River Rd., a 607,000-square-foot building in Cranbury.
Cushman & Wakefield’s East Rutherford-based investment sales team works with pension fund advisors, REITs, and major domestic and international private investors looking to sell or buy investment-grade properties and portfolios. Offering comprehensive and research-driven solutions, the group has maintained an unequalled market share of 50% for the past 20 years. Among their most notable transactions in 2017 included the $148 million sale of a three-building office complex at Merrill Lynch Drive as part of the Hopewell Office Campus; the $70.3 million sale of Observer Park, a 115-unit apartment building in Hoboken; the near-record sale of the iconic Lincoln Building in downtown Ridgewood; and arranging the $21.25 million trade of Livingston Town Center, a downtown lifestyle retail property in Livingston, from a joint venture of Onyx Equities and Lubert Adler.
About Cushman & Wakefield
Cushman & Wakefield is a leading global real estate services firm with 45,000 employees in more than 70 countries helping occupiers and investors optimize the value of their real estate. Cushman & Wakefield is among the largest commercial real estate services firms with revenue of $6 billion across core services of agency leasing, asset services, capital markets, facility services (C&W Services), global occupier services, investment & asset management (DTZ Investors), project & development services, tenant representation, and valuation & advisory. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.