Saber-Hightower, Lincoln Property Co & Waterfall Asset Management Acquire Mixed-Use Assets For $450M

The transaction involves multiple mixed-use properties located at 2 Main Street in Edgewater, NJ, 21 Scarsdale in Yonkers, NY, 761 Main Ave in Norwalk, CT, and 200 N Drive in Fishkill, NY. The total sale price for this transaction was $450,000,000, encompassing a substantial total square footage of 4,000,000 and translating to a price per square foot of $112 within the New Jersey, New York, and Connecticut markets.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $450,000,000
• Total Square Footage: 4,000,000
• Price Per Square Foot: $112
• Buyer: Saber-Hightower, Lincoln Property Co & Waterfall Asset Management
• Seller: National Resources
• Brokers: Andrew Merin, Frank DiTommaso, Ryan Dowd, David Bernhaut, Niko Nicolaou, Gary Gabriel, Kyle Schmidt, John Alascio, Brad Domenico, Alexander Hernandez, Chuck Kohaut & Mitch Rothstein - Cushman & Wakefield
• Transaction Date: 07/01/2026

The deal highlights the involvement of key firms and individuals. The buyers, Saber-Hightower, Lincoln Property Co, and Waterfall Asset Management, acquired the properties from seller National Resources. The transaction was facilitated by a team of brokers from Cushman & Wakefield, ensuring a comprehensive representation throughout the process.