We were engaged to sell a property with a significant vacancy. Closing the sale was contingent on our ability to execute several leases and bring the NOI to an acceptable level for both parties. Leveraging our retail leasing expertise, we were able to secure several tenants. Our collaborative approach greatly improved the property’s NOI.
The New Jersey investment firm that ultimately bought this 44,000 sq. ft. office property capitalized on our leasing success and exceed their investment goals for the property.