AT A GLANCE
201 Route 17 North, 10th Floor
Rutherford, NJ 07070
Year founded: 1929
Number of brokerage and support professionals in New Jersey: 82
Areas of expertise in real estate: Capital markets advisory services including investment sales, debt placement, joint ventures, recapitalizations and equity financing for the following asset classes: office, industrial, retail and multifamily
OUR CLIENTS
Institutional, private and corporate owners. Institutional clients include insurance companies, pension funds, investment banks, REITs, public companies and major private equity firms.
OUR ADVANTAGE
We are strategic advisers to our clients providing value-added solutions to their real estate investments. We apply a creative and process-driven approach to the marketing of each and every deal, along with debt and structured finance expertise in delivering comprehensive capital markets solutions.
ON THE HORIZON
We are increasingly focused on recapitalizations and joint venture structures, as clients look to find creative ways to restructure the capital stack, and introducing them to new equity sources. Leveraging Newmark’s National Capital Markets Platform, including Investment Banking and Debt and Structured Financing, which have rapidly expanded over the last 12 months, affords us access to a broad base of capital sources.
TRANSACTION SPOTLIGHT
Newmark served as a strategic adviser to The Hampshire Cos. on a $300 million recapitalization of The Fairfalls Logistics Portfolio and assisted in procuring a joint venture equity partner. The portfolio was 92 percent leased at the time of the recapitalization and encompassed 1.35 million square feet of light industrial space across 30 strategically located buildings with an average building size of 45,000+/- square feet. The opportunity provided the joint venture critical mass and operational efficiency within the regional port-centric market, offering unparalleled accessibility to major Northeast corridors and a broad user base. With a large concentration in Fairfield, providing direct access to critical highways such as Interstate 80 and Route 46, the portfolio also spans Little Falls, Elmwood Park and Carteret, New Jersey.
