Real estate services firm Cushman & Wakefield said Friday it arranged the sale of 698 Route 46, an almost 617,000-square-foot industrial building located in the Meadowlands.
The property was purchased by Goodman, which specializes in logistics and business space. It is fully net-leased to an investment grade tenant, Cushman said, and situated on 27 acres located 10 minutes from Manhattan.
Cushman & Wakefield Vice Chairman Gary Gabriel led the investment sales team assignment with Adam Spies, Andrew Merin, David Bernhaut, Marcella Fasulo, Kyle Schmidt and Ryan Larkin. Jason Goldman from Cushman & Wakefield’s leasing team assisted.