Cushman & Wakefield Arranges $11.5M Sale of Retail Center in New Jersey

by Amy Works

SECAUCUS, N.J. — Cushman & Wakefield has brokered the sale of a retail center located at 55 Hartz Way in Secaucus. The two-story, 74,000-square-foot property sold for $11.5 million, or $155 per square foot. Current tenants of the property include Escada, Nine West, Kasper, Fraganetics and Design Within Reach Outlet. Situated on 5.8 acres, the property is located within Secaucus Outlet Center with close proximity to various retail outlets, including Gucci, Calvin Klein, Nautica, Kenneth Cole, The Children’s Place and Tommy Hilfiger. Dmitry Shaplyka and Fahri Ozturk of Cushman & Wakefield represented the seller, while David Cantor of Team Resources represented the buyer in the deal. The names of the seller and buyer were not released.

You may also like