AT A GLANCE
250 Pehle Avenue #501
Saddle Brook, NJ 07663
OUR EXPERTISE
Commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services.
Senior Managing Director / Divisional Chief Revenue Officer – Northeast
Vice President / Regional Manager
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 offices 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 financing sources.
TRANSACTION SPOTLIGHT
One of our most notable current 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 flow 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 floorplates.
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.
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 acquire quality assets at more attractive pricing. Many private investors and smaller 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, financing strategies remain essential in today’s landscape of higher interest rates and tighter underwriting. Through Marcus & Millichap Capital Corporation (MMCC), we give clients access to an extensive network of lenders and provide tailored solutions that support acquisitions and improve returns. By combining advisory expertise, national reach and strong capital markets capabilities, we are well positioned to help clients act decisively and succeed in the years ahead.
