Cushman & Wakefield Arranges Sale of Ledgewood Mall in New Jersey

by Katie Sloan

Ledgewood, N.J. — Cushman & Wakefield has arranged the sale of Ledgewood Mall, a 518,000-square-foot retail property located in Ledgewood, for a price in the high-$20 million range.

Gary Gabriel, Andrew Merin, David Bernhaut, Brian Whitmer and Nick Karali of Cushman & Wakefield worked on behalf of the seller and procured the buyer, a joint venture of Advance Realty, DeBartolo Development and Invesco Real Estate, in the transaction. Walmart, Ashley Furniture, Marshalls, Sports Authority and Barnes & Noble anchor Ledgewood Mall. 

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