GREA and Falcon advises Korean Investor on acquisition of office building in New Jersey (USA)

Buy-Side
Written by Catherine Rhoades

October 2020

Frankfurt am Main (Germany)/ Chicago (USA), October 19, 2020 -

GREA GmbH ("German Real Estate Advisors" or "GREA") and Falcon Real Estate Investment Management, Ltd. ("Falcon") have advised a consortium of Korean investors in the acquisition of an office building with a leasable area of approximately 233,000 sq ft in the northern part of New Jersey, USA.

The property, which was built in 1990 and revitalized in subsequent years, is 100% leased to an international electronics group with an excellent credit rating. The high eight-digit transaction closed in early October 2020, with Falcon and GREA acting as commercial buy-side advisors in the transaction. 

Catherine Rhoades
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