EverWest Acquires 100,000-SF Industrial Property Occupied by Unifoil Corporation;Transaction Reflects Growing Trend of Monetizing Assets in Today’s Real Estate Environment

CBRE today announced the sale-leaseback of a 100,000-sq.-ft. industrial facility located at 12 Daniel Road in Fairfield, New Jersey. EverWest Real Estate Investors, LLC,acquired the property from Unifoil Corporation, a global leader in customized laminating, coating and metallizing technology. The manufacturer will continue to occupy the industrial property through a long-term lease.

The CBRE team of William Waxman, Kevin Dudley, David Gheriani and Gil Medina engineered the complex sale/leaseback on behalf of EverWest Real Estate Investors.

“We are seeing more of these transactions as owner occupants take advantage of the record-breaking industrial real estate market,” saidWaxman, executive vice president, CBRE.“The institutionalization of New Jersey real estate will continue into the near future.”

Built in 1988, 12 Daniel Road is a well-located property boasting 27,000 sq. ft. of office space, ample power, excellent ceiling heights and parking for 188 cars. Situated on 4.99 acres, the facility is near Routes 80 and 46.

About CBRE Group, Inc.

CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2018 revenue). The company has more than 90,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 480 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.