Congratulations to the Deal of the Year Winners!

Office Deal of the Year

The Crossings Sale to Barclays Capital, Whippany:  The Crossings at Jefferson Park's sale from Vision Real Estate Partners and Rubenstein Partners to Barclays Capital marked the completion of a 525,000-square-foot benchmark suburban office campus transformation, yielding an experiential environment combining work, play, well-being and sustainability. The new owner/occupier will maintain more than 3,000 jobs in New Jersey. Involved in the deal: Vision Real Estate Partners, Rubenstein Partners, Barclays Capital, Cushman & Wakefield, JLL and Gensler. Pictured below: Tina Swierad and Ross Chomik of Vision Real Estate Partners presented to the Judges on February 23.


   
Industrial Deal of the Year 


BridgePort 1 Logistics Center, Perth Amboy:  A 103-acre Brownfield site that required extensive environmental and geotechnical remediation, BridgePort 1 Logistics Center has been redeveloped into New Jersey's premier industrial distribution campus. Containing 1.3 million square feet of modern distribution buildings and home to Target Corporation, BridgePort 1 Logistics Center offers modern Class A amenities to meet the demands of today's most sophisticated end-users. Involved in the deal: Bridge Development Partners, CBRE, Banner Oak Capital Partners, City of Perth Amboy, Excel Environmental Resources, Heitman Capital Management, Lane Miller Esq., Melick-Tully a division of GZA, Menlo Engineering Associates, Premier Design Build Group, SESI Consulting Engineers, Teachers Retirement System of Texas, Wanda Monahan Esq., and Wells Fargo. Pictured below: Presenting to the judges on February 23 were Jon Pozerycki, Jeff Milanaik and Deven Schmitt of Bridge Development Partners.


 Mixed-Use Deal of the Year


New Brunswick Performing Arts Center Redevelopment, New Brunswick: The $171.8 million, 450,000-square-foot, 23-story New Brunswick Performing Arts Center Redevelopment initiative represents a complex public-private partnership of 19 major partners. With world-class performance venues, 207 apartments, office space and a parking garage, it will transform the city's cultural district. Involved in the deal: New Brunswick Development Corporation (DEVCO), Pennrose Properties, City of New Brunswick, County of Middlesex, Rutgers University, New Brunswick Performing Arts Center, NJ EDA, New Brunswick Parking Authority, AJD Construction, Elkus Architects, Investors Bank, AEGON, CITI, and TD Bank. Pictured below: Chris Paladino, Merissa Buczny (DEVCO), and Timothy Henkel (Pennrose) presented the deal before the judges on February 23.

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