Newmark Brokers $26.5M Sale of Office Portfolio, Land Sites in Hamilton, New Jersey
HAMILTON, N.J. — Newmark has brokered the $26.5 million sale of a portfolio of six office buildings totaling 237,834 square feet and two land sites totaling 12.8 acres in the Central New Jersey community of Hamilton. More specifically, the holdings comprise two office buildings with excess developable acreage, two parcels within Horizon Center North and one office building plus three office/flex buildings within Horizon Center Business Park. Steven Schultz, Stephen Tolkach, Tony Georgiev and Robert Loderstedt of Newmark represented the seller, Denholtz Properties, in the transaction. The buyer was Cammeby’s International Inc. The buildings were 71 percent leased at the time of sale.