Follow on Google News News By Tag Industry News News By Place Country(s) Industry News
Follow on Google News | Industry Leaders, Top Deals Honored at NAIOP New Jersey's Awards GalaEconomic Impact, Creative Deal Making, Lifetime Achievement and Industry Service saluted at 26th Annual Event
By: Caryl Communications "Once again, our industry continues to demonstrate cutting-edge professionalism, and that hard work and creativity can bring success in any business cycle," said Michael McGuinness, CEO of NAIOP New Jersey, the commercial real estate development association. "Tonight, we congratulate all of the nominated deals for the impact they have had on New Jersey's economy, and those individuals and companies whose achievements have changed New Jersey's economic landscape for the better." The Annual Commercial Real Estate Awards were garnered by Steven J. Pozycki of SJP Properties, who received the Lifetime Achievement Award. Honored with Impact Awards were Kushner Real Estate Group, accepted by Jonathan and Murray Kushner and Jeff Persky; and Prism Capital Partners, with Edwin Cohen accepting. The Industry Service Award honored HFF, with the firm's Jon Mikula, Tom Didio and Jose Cruz accepting. The Award for Office/Mixed Use Deal of the Year honored Cushman & Wakefield, Vision Equities, Rubenstein Partners, Resource Realty and Bayer Healthcare for the land sale and development of Bayer's new East Coast Headquarters at 67 Whippany Road in Whippany, N.J. Vision Equities/Rubenstein Partners' 200-acre campus, once home to Alcatel-Lucent, is one of the largest mixed-use redevelopment sites in the submarket. The sale of 94 acres to Bayer and subsequent construction of a 675,000-square- From the Bayer project's initial creation of construction jobs to its long-term economic impact, this benchmark infill revitalization is monumental for both the State of New Jersey and the commercial real estate community. The Award for Industrial Deal of the Year cited the combined leasing of 740,000 square feet at Pulaski Distribution Center at Routes 1 and 9 in Jersey City by Imperial Bag & Paper Co. (495,000 square feet) and Peapod (345,000 square feet), the online grocer and subsidiary of Ahold USA Inc. Honored were the two tenants, along with property owner Prologis and brokers Jones Lang LaSalle and CBRE. With Pulaski's construction, Prologis is turning a 50-acre former Superfund site into a cutting-edge, LEED-certified, 880,000-square- And the Award for Creative Deal of the Year cited the Biomet and Ferring headquarters relocation transactions, honoring Prism Capital Partners, owner of 399 Jefferson Rd. in Parsippany, N.J., Cushman & Wakefield, Inc., Jones Lang LaSalle, and tenants Biomet Technologies and Ferring Pharmaceuticals. The ultimate lease-up and repositioning of the once-vacant 399 Jefferson Road entailed a complex process of two property dispositions, a 103,000-square- "We are very proud of all of our honorees this evening," said McGuinness. "Their impact on our state's economy cannot by understated, and all NAIOP New Jersey members thank them." End
Account Email Address Account Phone Number Disclaimer Report Abuse
|
|