Investors were attracted to the synergy among Northside Hospital and Glenridge, and the opportunity to develop the existing pad site for a variety of potential uses.

Central Mills, which operates as FREEZE, will continue to occupy the facility under a long-term sale-leaseback arrangement.

“Originally only available for lease, we were able to negotiate an off-market sale that closed in record time,” says CBRE's Wiliam Waxman.

"Millennials will forgo a job based on where they want to live and the type of lifestyle they want to lead," says Colliers' Deming Fish.

The Inn at Barnsley Resort is now the largest building located on the 3,000-acre property and serves as the central arrival point for the resort.

Lack of suitable class-A space elsewhere in the state and a shortage of large format buildings combine to make South Jersey more attractive, says David Greek of F. Greek Development. Listen to our audio interview.

“Tyler's extensive knowledge and expertise will help this team continue to be one of the top office tenant representation groups in Atlanta,” says John O'Neill, regional managing principal of Cushman & Wakefield's Atlanta office.

“Monmouth County remains a strong market for investment sales especially in the shore towns of Long Branch and Asbury Park,” says Kislak's Daniel Lanni.