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Transaction Total:
512,383 square feet
Winners:
Gregg Najarian
Company:
Savills
Award Highlights:
  • Leads NJ office for Savills
  • Executed year’s largest office lease in NJ

Notwithstanding a rocky 2020 for commercial real estate in New Jersey, Gregg Najarian, a Savills vice chairman and leader of the firm’s New Jersey office, was one of the Garden State’s most active brokerage professionals. This past year, Najarian, who has been with Savills since 2004, executed transactions totaling approximately 512,383 square feet.

Najarian and his team secured New Jersey’s largest office lease of 2020 when they represented pharmaceutical company Eisai in a long-term, 332,818-square-foot deal to relocate its North American headquarters from Woodcliff Lake to Prism Capital Partners’ ON3 campus in Nutley/Clifton, one of New Jersey’s preeminent mixed use redevelopment projects.

Additionally, Najarian played a leading role in other significant transactions. He represented global IT services company Cognizant Technology Solutions in a 36,000-square-foot headquarters lease in Teaneck, and Western Union in the $5.5-million sale of 100 Summit Ave., a 126,000-square-foot surplus office building in Montvale.

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About the Author

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism.
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