Newmark Associates

Newmark Associates CRE Closes Sale of Prominent Professional/Medical Property on the Boonton–Mountain Lakes Border

Boonton, NJ — October 31 2025 — Newmark Associates CRE is pleased to announce the successful sale of a 10,000-square-foot professional/medical office building situated on the Boonton–Mountain Lakes border. The transaction was brokered by Jenna Glick, Senior Associate with Newmark Associates CRE and a principal contributor in the firm’s expanding Investment Team.

Featuring approximately 13 private offices and a diverse mix of medical, wellness, and professional tenants, the property is a well-known fixture in the local business community. The buyer was identified through Newmark’s strategic marketing execution and expansive investor network.  The sale reflects continued investor demand for well-tenanted suburban office properties in prime Morris County locations.

Ms. Glick leverages institutional private-equity experience in real estate investment analysis and fund marketing, combined with hands-on transaction execution, to advance Newmark’s platform for investment-driven transactions across New Jersey.

Newmark Associates, CRE, based in Cedar Knolls, New Jersey, is celebrating 40 years as one of the state’s leading commercial real estate brokerage firms. Recognized by NJBIZ and the CoStar Group for excellence in the industry, Newmark specializes in leasing and sales of office, industrial, retail, land, healthcare, and mixed-use properties. The firm is certified as a woman-owned business by the Women’s Business Enterprise National Council (WBENC) and is a founding member of CRESDA (Corporate Real Estate Services, Diversity Associates), serving the needs of major corporations nationwide.