Cantor Fitzgerald LP Acquires Nutley Office For $131.7M From Prism Capital Partners

The office property located at 200 Metro Blvd in Nutley has been sold in a closed transaction. The property spans across 116 acres and belongs to the office asset category. The transaction took place on July 11, 2022, with Eugene Diaz and Edwin Cohen representing Prism Capital Partners as the sellers. The market where the property is located is Nutley, and the transaction was facilitated by Eastdil Secured, the brokerage firm. The property was purchased by Cantor Fitzgerald LP. The sale price for the property was $131,700,000, with a total square footage of 300,000. The price per square foot was reported to be $439.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $131,700,000
• Address: 200 Metro Blvd
• Market: Nutley
• Asset Type: Office
• Acreage: 116

Eugene Diaz and Edwin Cohen played a significant role in the sale of the property as representatives of Prism Capital Partners. Eastdil Secured acted as the brokerage firm, facilitating the transaction between the buyer, Cantor Fitzgerald LP, and the sellers. This closed transaction showcases the involvement of key individuals and companies in the real estate deal.