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Boutique building sale closes.


Cushman & Wakefield's Metropolitan Area Capital Markets Group has arranged the disposition of 150 Morristown Road in Bedminster, which NPV NPV

See: Net present value
 Direct sold to Denholtz Associates.

NPV Direct purchased the 60,000 s/ f office property in 2006; that transaction also was brokered by the Metropolitan Area Capital Markets Group.

"This is a boutique Boutique

A small investment firm specializing in offering specific, but limited services to a select number of individuals.

Notes:
These investment firms are the alternatives to large financial supermarkets. They provide a highly personalized environment for investing.
 building in a Class-A location with a significant amount of upside Upside

The potential dollar amount by which the market or a stock could rise.

Notes:
This is basically an educated guess on how high a stock could go in the near future.
See also: Bull, Downside
 in the re-leasing of the available space," noted Cushman & Wakefield's executive director Jose Cruz Jose Luis Cruz (Cheo) can refer to different people:
  • Camarón de la Isla, stage name of José Monje Cruz
  • José Cruz (Sr.) (born 1947), a baseball player
  • José Cruz, Jr.
. Cruz and David Bernhaut headed the marketing assignment with team members Andrew Merin and Gary Gabriel.

"The seller was able to take advantage of the demand for value-added opportunities," added Bernhaut.
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Title Annotation:NEW JERSEY
Publication:Real Estate Weekly
Date:Aug 26, 2009
Words:108
Previous Article:Multi-family tour de force.
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