Cushman & Wakefield
Life Science Firms Buy NJ Industrial Assets
In separate deals brokered by Cushman & Wakefield, two pharmaceutical companies acquired industrial buildings in Piscataway and Somerset, N.J., fueling the life science industry’s growth within the Interstate 287 corridor.
C&W Adds New Director in NYC
Adam Malitz was appointed as director of retail brokerage for the Brooklyn and Queens markets, after serving in a similar role at Lee & Associates.
Kennington Property Expands in Dallas–Ft. Worth
The company acquired Jupiter Service Center, a four-building Class A flex office/R&D complex in Plano, Texas. Stream Realty Partners marketed the property on behalf of Situs, its seller.
C&W Closes Boca Raton Innovation Campus Lease
John Criddle and Joseph Freitas worked on behalf of the sublandlord in the lease negotiations, while Michael Feuerman of Berger Commercial represented the tenant.
C&W Adds Tenant to Boca Raton Office Center
The owner selected Managing Director John Criddle and Senior Associate Joseph Freitas to spearhead leasing efforts at the property earlier this year.
C&W Upgrades its Portland Office
Completed in 1973, 200 Market is managed by Russell Development and Cushman & Wakefield. Both companies have offices within the building.
C&W Secures $13M in Financing for GA Assets
Senior Director Jason Hochman worked on behalf of property owner KAS Partners in arranging the fixed-rate loans for Phoenix Business Park and Kings Landing Office Center.
Garden of Life Expands HQ at SoFla Campus
Corporate Center at Gardens is 100 percent leased and recently underwent an $8.8 million capital improvement program that included HVAC and lobby upgrades, common-area buildouts and new restrooms.
C&W Secures $11M Loan for FL Business Park
The long-term, fixed-rate mortgage came with pre-payment flexibility and an interest-only period. The borrower, KEI Properties, purchased the asset for $14.5 million in 2016.
Palm Beach Office Building Commands $9M
The C&W team of Michael Osiecki and Mark Pateman represented the seller in the transaction, while Flagler Bank originated $6.9 million in acquisition financing.