{"id":1004356628,"date":"2019-09-30T23:15:08","date_gmt":"2019-10-01T07:15:08","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004356628"},"modified":"2025-02-27T22:28:00","modified_gmt":"2025-02-28T06:28:00","slug":"cushman-wakefield-brokers-nj-office-sale","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/cushman-wakefield-brokers-nj-office-sale\/","title":{"rendered":"Cushman & Wakefield Brokers New Jersey Office Sale"},"content":{"rendered":"
\"1<\/a>

1 Gatehall Drive. Image courtesy of Cushman & Wakefield<\/em><\/p><\/div>\n

Cushman & Wakefield has arranged the sale of a 115,000-square-foot office building in Parsippany, N.J. A Lakewood Equities affiliate purchased the four-story asset.<\/p>\n

Vice Chairman Gary Gabriel, together with Executive Vice Chairmen David Bernhaut and Andy Merin, Associate Director Frank DiTommaso and Senior Director Andy Schwartz worked on behalf of the seller, a joint venture between Lincoln Property Co. and Development Ventures Group. Earlier this month, Cushman & Wakefield\u2019s brokerage team also arranged the $15 million sale of a 179,00-square-foot office building<\/a> in Stamford, Conn.<\/p>\n

Located at 1 Gatehall Drive, the property is just off Freeway 202, around 30 miles from Jersey City and New York City, and roughly 23 miles from Newark Liberty International Airport. The asset was constructed in 1983 on 9.7 acres and features floorplates ranging between 28,125 and 30,500 square feet, according to Yardi Matrix data. At the time of the sale, the building was 86 percent leased to more than 20 small- and mid-sized businesses, each occupying an average of 3,400 square feet.<\/p>\n

If you\u2019d like to be featured in Brokers\u2019 Corner, send your deal to deals@cpe-mhn.com<\/strong><\/a>.<\/em> <\/p>\n","protected":false},"excerpt":{"rendered":"

The 115,000-square-foot building in Parsippany changed hands with help from Gary Gabriel, David Bernhaut, Andy Merin, Frank DiTommaso and Andy Schwartz. The brokers represented the seller.<\/p>\n","protected":false},"author":871,"featured_media":1004356631,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,1600,21742,10,21747],"tags":[32799,35020,35021,32838],"class_list":["post-1004356628","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-new-york","category-latest","category-northeast","category-office","tag-cushman-wakefield","tag-david-bernhaut","tag-gary-gabriel","tag-lincoln-property-company"],"acf":[],"yoast_head":"\nCushman & Wakefield Brokers New Jersey Office Sale - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/cushman-wakefield-brokers-nj-office-sale\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cushman & Wakefield Brokers New Jersey Office Sale\" \/>\n<meta property=\"og:description\" content=\"The 115,000-square-foot building in Parsippany changed hands with help from Gary Gabriel, David Bernhaut, Andy Merin, Frank DiTommaso and Andy Schwartz. 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