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Cushman & Wakefield’s Andrew Merin Named Among NJBIZ Real Estate Power 50

| November 23, 2015 | 0 Comments
Andrew Merin

Andrew Merin

Cushman & Wakefield of New Jersey, Inc.
One Meadowlands Plaza
East Rutherford, New Jersey 07073

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Media Contact: Evelyn Weiss Francisco/ eveyln@caryl.com /201-796-7788

Honor Recognizes the Most Influential People in N.J. Commercial Real Estate

 EAST RUTHERFORD, N.J., Nov. 20, 2015 – Cushman & Wakefield Vice Chairman Andrew Merin, who founded the commercial real estate services firm’s Metropolitan Area Capital Markets Group, has been named among the NJBIZ Real Estate Power 50. The publication’s annual ranking recognizes the most influential people in the New Jersey commercial real estate industry.

A Fort Lee, N.J., resident and 45-year industry veteran, Merin joined Cushman & Wakefield in 1983 and founded the East Rutherford-based Metropolitan Area Capital Markets Group in 1987. The team, which specializes exclusively in investment sales of office, industrial, multifamily and retail properties, has completed more than $17 billion worth of transactions since 2000, closing $1.2 billion in 2014.

“Andy and his team are recognized and widely respected for its continual involvement in New Jersey’s most significant commercial real estate sales,” said Ron Lo Russo, president, NY Tri-State region, Cushman & Wakefield. “We are proud of all of Andy’s accomplishments, including this well-deserved honor.”

For example, in May 2015 he orchestrated the $80 million sale of three Class A office buildings totaling 410,000 square feet in Morris County. Additionally, his team in April 2015 orchestrated the $61 million disposition of an eight-building, 1.2 million-square-foot, fully occupied industrial portfolio in Piscataway.

The NJBIZ recognition marks the sixth consecutive year Merin has been named among the Power 50. “The publication selects its honorees based on interviews the editorial team conducts with key industry players,” Merin said. “So in that sense this is a peer recognition, which is particularly gratifying.”

Other past honors for Merin include NAIOP New Jersey’s prestigious Impact Award. He and his partners have been awarded the New Jersey NAIOP Deal of the Year award seven times and the Westchester NAIOP Deal of the Year award once.

Throughout his career, Merin has made a significant effort to give back to the industry and community. He has trained some of the profession’s most successful brokers. He is a regular lecturer for the MBA program of the NYU Stern School of Business. Merin consistently volunteers his time and expertise as a panelist at trade events and meetings for organizations like NAIOP, ULI, IOREBA, RealShare and others, and as a source for a range of real estate publications.

The successful merger of Cushman & Wakefield and DTZ closed September 1, 2015. The firm now operates under the iconic Cushman & Wakefield brand and has a new visual identity and logo that position the firm for the future and reflect its trusted global legacy and wider history. The new Cushman & Wakefield is led by Chairman & Chief Executive Officer Brett White and Global President Tod Lickerman. The company is majority owned by an investor group led by TPG, PAG, and OTPP.

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Category: Cushman & Wakefield of New Jersey, News Releases, Newswire: Latest News

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