Page 38 - RE-NJ

John Horowitz
Senior Managing Director / Divisional Chief
Revenue Offi cer – Northeast
OUR CLIENTS
At Marcus & Millichap, our
mission is to help clients
create and preserve wealth
through commercial real estate
investment sales. We represent
a diverse range of individual and
institutional investors, developers
and property owners, both
nationally and internationally.
Our platform, established in
1971, has grown to more than 80
offi ces across the United States
and Canada. We support clients
at every stage of the investment
cycle with personalized advisory,
local market knowledge and
access to a broad network of
buyers, sellers and fi nancing
sources.
TRANSACTION
SPOTLIGHT
One of our most notable current
1 Market St., Passaic, NJ
Jim McGuckin
Vice President / Regional Manager
assignments is a large industrial
facility in Passaic, New Jersey.
Marcus & Millichap is marketing the
exclusive listing of 1 Market Street,
a 325,000-square-foot multistory
property in the Route 3/Garden
State Parkway submarket. The
property is fully occupied under a
long-term lease, providing stable
cash fl ow and income security. The
$25,455,420 offering, priced at
$101.82 per square foot, features
16- to 35-foot clear heights, 10
loading docks and 50,000-square-
foot fl oorplates.
Multistory industrial assets of this
scale are rare in New Jersey, and
its location offers direct access to
major highways that connect the
broader tristate market. As one of
the few properties of its kind, it
showcases the type of assignments
our team is trusted with in the
state’s industrial market.
250 Pehle Avenue #501
Saddle Brook, NJ 07663
OUR EXPERTISE
Commercial real estate
brokerage fi rm specializing
in investment sales,
fi nancing, research and
advisory services.
ON THE HORIZON
We see two major areas of
growth in the year ahead.
Middle-market investors
are becoming increasingly
active as market conditions
create opportunities to ac-
quire quality assets at more
attractive pricing. Many
private investors and small-
er institutions are using this
environment to expand or
reposition their portfolios,
and Marcus & Millichap’s
platform is uniquely built to
connect these buyers with
motivated sellers. At the
same time, fi nancing strat-
egies remain essential in
today’s landscape of higher
interest rates and tighter un-
derwriting. Through Marcus
& Millichap Capital Corpora-
tion (MMCC), we give clients
access to an extensive net-
work of lenders and provide
tailored solutions that sup-
port acquisitions and im-
prove returns. By combining
advisory expertise, national
reach and strong capital
markets capabilities, we are
well positioned to help cli-
ents act decisively and suc-
ceed in the years ahead.