Shannon Hondl Of Goodman Group Acquires Development Site In Newark For $360 Million

The property involved in the transaction is a development site located at 200 US Route 1 in Newark. The recorded sale price of the asset is $360,000,000.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $360,000,000
• Buyer: Shannon Hondl - Goodman Group
• Seller: Brendan Whitworth - Anheuser Busch
• Brokers: Adam Spies, Doug Harmon, Adam Doneger, Joshua King, Marcella Fasulo, Avery Silverstein, Adam Petrillo, Dustin Volz & Kyle Ebert - Newmark
• Date of Transaction: 05/06/2026

The transaction involved key representatives from both the buyer and seller sides, with Shannon Hondl representing Goodman Group and Brendan Whitworth representing Anheuser Busch. The deal was brokered by a team from Newmark, including eight individuals who played a pivotal role in facilitating the transaction.