The longtime owner of a highly visible, 241-key Marriott hotel in Saddle Brook has sold the property, in a newly announced deal by Hodges Ward Elliott.
Marcus & Millichap’s top investment sales team in New Jersey is seeking continued momentum, following a banner year in 2021 and a strong first half of 2022, with a focus on triple-net-lease and multitenant retail deals and the industrial and office sectors.
CBRE has promoted veteran broker Jeffrey C. Babikian to vice chairman, marking the first time that an office leasing professional in New Jersey has achieved the title with the firm.
A provider of shared warehouse and office space has taken nearly 165,000 square feet in Saddle Brook, marking its largest location to date in a portfolio of more than two dozen sites.
