From left: Scott Perkins of NAI James E. Hanson, who serves as New Jersey chapter president for the Society of Industrial and Office Realtors; Mindy Lissner of CBRE and Scott Peck of Resource Realty of Northern New Jersey were on hand for SIOR’s recent Winter Social and Annual Awards event in Hoboken. — Courtesy: SIOR
By Joshua Burd
The Society of Industrial and Office Realtors’ New Jersey chapter presented its annual largest deal awards last week, showcasing some of the industry’s top transactions of 2018.
The awards and their respective winners included:
- Largest industrial sale: Thomas Monahan of CBRE, who brokered The Morris Cos.’ sale of a 735,635-square-foot property in Jamesburg to Zurich Alt. Asset Management
- Largest land deal: Mindy Lissner and Bill Waxman of CBRE, who brokered Linden Property Holdings’ sale of 143 acres in Linden to Advance Realty and Greek Development
- Largest office sale: Monahan of CBRE, who brokered Rugby Realty’s sale of a 107,683-square-foot building in Lyndhurst to Gramercy Property Trust
- Largest SIOR cooperative-NJ/outside: Mike Maroon of Acclaim Group and Walter Robinson of Robinson Commercial Real Estate, who brokered Workspace Property Trust’s 16,385-square-foot lease to Paychex in Miramar, Florida
- Largest SIOR cooperative-NJ: Monahan of CBRE and Ken Lundberg of NAI James E. Hanson, who brokered Duke Realty Corp.’s 354,250-square-foot lease in Perth Amboy to 4PX Express
- Largest office lease: Sab Russo of Mercer Oak Realty, who brokered Founders Properties’ 42,000-square-foot lease in Ewing to GS-1
“The SIOR NJ Chapter is pleased with the results of the 2018 largest deal awards, which show that SIORs are among the most experienced and successful brokers in the business,” said Scott Perkins, a senior vice president with NAI James E. Hanson, who is SIOR’s chapter president in New Jersey.
The organization doled out the honors as part of its annual winter social and awards event in Hoboken, which took place on Feb. 28.
“Our team at CBRE, along with Advance Realty Investors and Greek Development, worked tirelessly to bring this 4.1 million-square-foot redevelopment site to the market,” said Lissner, an executive vice president with CBRE. “The site, which was once a large economic driver for the region, has been vacant for almost four decades. While many developers have tried to take control of it, our teams were able to put this deal together so that the value of the property can once again be unlocked.”