JLL represented Merck & Co. in the disposition of its headquarters location at 2000 Galloping Hill Road in Kenilworth, NJ. Situated on 108 acres just off the Garden State Parkway, the headquarters campus consists of nearly 2 million square feet of office and life science/lab space, as well as two parking decks and a central utility plant. JLL helped structure the short-term leaseback as well as assisted the buyer with acquisition financing. JLL was also retained by the buyer, a joint venture of Onyx Equities and Machine Investment Group, to help reposition and lease the property once repositioned as a state-of-the-art life science campus.
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Gebroe-Hammer Associates
Gebroe-Hammer Associates has built its multifamily investment brokerage business and reputation during the past 48 years on long-term client relationships — a practice that came into play recently when we arranged the $19.8M off-market sale of Grand Lee Apartments in Leonia. In the transaction, our firm’s brokerage team exclusively represented the longtime owner/seller, Fairlawn CO, and identified/procured the buyer, an unnamed private investor.
Newmark
Newmark has been fortunate to be involved in several award-winning large office transactions in the Garden State recently. This past year Gilead leased approximately 100,000 SF at Latitude in Parsippany, for which we represented both the tenant and landlord. Also in Parsippany, we completed Avis Budget Group’s new U.S. headquarters transaction in excess of 150,000 SF. Significant current landlord representation assignments in the office sector include 2 Gatehall Plaza (on behalf of owner SRG2 Partners LLC) in Parsippany, NJ; Glenpointe (on behalf of owner Alfred Sanzari Enterprises) in Teaneck, NJ; River Centre (on behalf of owner Paramount Realty) in Red Bank, NJ; Woodbridge Corporate Plaza (on behalf of owner Northeast Capital Group) in Iselin, NJ; and many other prominent office properties.
NAI DiLeo-Bram & Co.
As part of our commitment to remain agile — and highly successful for 85+ years across multiple generations in the CRE industry — NAIDB’s business strategy is to focus on Northern and Central New Jersey. Our like-minded brokerage professionals collaborate to develop customized leasing, tenant representation, investment sales, property marketing and ownership strategies and solutions for each client, based on their unique needs and requirements. From acquisitions and dispositions to investments and leasing needs, NAIDB’s experienced brokerage team offers exceptional insight across every asset class, including industrial, office, retail and multifamily properties as well as undeveloped land.
The Blau & Berg Co.
Blau & Berg represents a wide variety of clients, from investors to manufacturers to logistic operators, and everything in between. As a commercial real estate broker with an emphasis on the northern New Jersey industrial market, we represent property owners who are leasing or selling real estate and clients who are looking to purchase or lease space for their business. Our customer base ranges from small “mom-and-pop” businesses to Fortune 500 companies.
Lee & Associates New Jersey
Lee & Associates New Jersey offers the deep capabilities of a best-in-class brokerage organization with the flexible, personal touch distinctive to a boutique firm. The resulting delivery style separates Lee & Associates from its one-size-fits-all competitors. The Lee & Associates team works hand in hand with institutional and private property owners, and tenants of all shapes and sizes, to develop customized approaches tailored to each client’s specific needs and goals. The firm’s professionals combine the latest technology, resources and market intelligence to deliver superior service and optimize results.
Minno & Wasko Architects and Planners
MINNO & WASKO’s staff has extensive experience in all forms of residential, hospitality and mixed-use construction. “Our designs are responsive to each individual market and are unique in creating projects that have lasting value to Owners and residents.” “We are about placemaking and streetscape animation.”
