Congratulations to the Deal of the Year Winners!
The 2019 Deal of the Year Judges: Dr. James Hughes, Rutgers University; Irene McFarland, Monmouth University; Michael Seeve, Mountain Development Corp.; Anne Strauss-Wieder, North Jersey Transportation Planning Authority; Paula Mandell, M&T Bank; and James Kerwin, Somerset County Business Partnership. Not pictured: NAIOP's 2019 Chairman Greg Fuller, Granite Properties, Texas.
Office: Integra LifeSciences HQ Relocation, Princeton
Cushman & Wakefield facilitated the headquarters consolidation for Integra LifeSciences, a world leader in medical technology and Fortune's 100 Fastest Growing Companies, into a 167,000 square-foot Trophy Class A building in Princeton. The ultimate transaction involved a lease buyout, purchase of an existing installation, execution of a new lease, and awarding of State Incentives.
Involved in the deal: Cushman & Wakefield; Integra LifeSciences; HLW International; Black Creek Group LLC; Fox Rothschild LLP; Sills Cummis & Gross P.C.; and Newmark Knight Frank. Pictured below: Presenting to the DOY Judges on February 22 were Rustam Nazirbev, Marc Trevisan, Robert Rudin and Jan Randall of Cushman & Wakefield.
Industrial: Linden Logistics Center, Linden
With over 100 years of chemical manufacturing, 30 total years of environmental cleanup and 15 years of vacant, idle land at Tremley Point, Linden, in 2018, it was time for the team of Greek Development, Advance Realty and CBRE to acquire the site and start the 4.1 million SF warehouse redevelopment and transformation on this site.
Involved in the deal: CBRE; Advance Realty Investors; and Greek Development. Pictured below: Presenting to the DOY Judges on February 22 were Matt Schlindwein of Greek Development, Mindy Lissner of CBRE, Christopher Bellapianta of Camber Real Estate Partners, William Waxman of CBRE, and Peter Cocoziello of Advance Realty.
Mixed Use: Ironside Newark, Newark
Edison Properties has substantially completed the adaptive reuse of Ironside Newark, the transformative 21st Century Workplace in the heart of Newark's revitalized downtown. The 456,000 square-foot, mixed-use commercial destination has already attracted multiple tenants, including a long-term, 148,500 square-foot lease with Mars Wrigley Confectionery, in a transaction arranged by CBRE.
Involved in the deal: Edison Properties; Beckerman; Newark Community Development Corporation; City of Newark; Perkins Eastman; Langan Engineering and Environmental Services; CBRE; JLL; Genova Burns; Riker Danzig Scherer Hyland & Perretti LLP, Pierson Commercial; and Pearlman & Miranda. Pictured below: Presenting to the DOY Judges on February 22 were Michael Sommer and Pasquale Suriano of Edison Properties, Jeff Hipschman of CBRE, and Timothy Greiner of JLL.