NEPTUNE, NJ — Global commercial real estate advisory firm Newmark Knight Frank (NKF) is pleased to announce the sale of 3600 Rte. 66 in Neptune, NJ for $26 million on behalf of the building’s current owner, Mack-Cali. Representing Mack-Cali are NKF’s executive managing director Steven Schultz and managing directors Tony Georgiev and Adam Silver.
3600 Rte. 66 is a four-story, class A office property totaling 188,408 s/f. Its convenient location just off the Garden State Pkwy. on Rte. 66 makes it an ideal office space, easily accessible by a variety of roads. It sits on 14.6 acres and is currently 100% leased to four globally-recognized tenants.
Aspen Real Estate and Devli Real Estate in a joint venture acquired the building. “We are very excited with the acquisition and enjoyed working with the NKF team,” said Aspen principal, Phil Proetto and Devli’s chief investment officer, Mark Devli.