AT A GLANCE
201 Route 17 North, Rutherford, NJ
1 Tower Center, Suite 2201, East Brunswick, NJ
1240 Headquarters Plaza, East Tower, Morristown, NJ
Year founded: 1929
Number of brokerage and support professionals in New Jersey: 110+
Areas of expertise in real estate: Leasing, capital markets, investment sales, global corporate services, industrial and logistics services, landlord representation, multifamily, property management, retail services, tenant representation, valuation and advisory services
Vice Chairman
Executive Managing Director
OUR CLIENTS
The target client base continues to be modified and updated on a regular basis in New Jersey. The industries which seem to have organic growth are medical/hospitals, education, biotech and pharmaceuticals. On the ownership side, we are looking to engage with owners who have substantial capital in order to carry and service the building and make necessary upgrades through these economically troubling times.
OUR ADVANTAGE
Newmark is very well positioned for the future and offers a national infrastructure and a publicly traded organization with depth in all service lines offering some of the brightest and most sophisticated individuals in the industry. At the same time, the entrepreneurial spirit which was created decades ago continues to provide a personalized skill set and hands-on approach.
TRANSACTION SPOTLIGHT
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.
