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CBRE Handles Sale of Trophy Madison, NJ Office Complex

MADISON, NJ—CBRE's Institutional Properties team of Jeffrey Dunne, Kevin Welsh, Brian Schulz and Frank Maresca, and Alec Monaghan, of the firm's Global Corporate Services unit, represented Maersk in the sale of 2 Giralda Farms, in Madison, for $53.3 million. The team also identified the buyer, American Realty Capital Global Trust Inc.

By Steve Lubetkin | Updated on August 25, 2014

MADISON, NJ—CBRE’s Institutional Properties team of Jeffrey Dunne, Kevin Welsh, Brian Schulz and Frank Maresca,  and Alec Monaghan, of the firm’s Global Corporate Services unit, represented Maersk in the sale of 2 Giralda Farms, in Madison, for $53.3 million. The team also identified the buyer, American Realty Capital Global Trust Inc.

“The property provides American Realty Capital Global Trust with a world-class office building that is 100 percent net leased on a long-term basis and secured by an investment grade tenant. The property’s distinct headquarters quality design and iconic location ensure the long-term appreciation of this trophy asset,” says Welsh.

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