Anheuser-Busch has sold its former facility in Newark, N.J., to Goodman Group for $360 million. Newmark Group advised Anheuser-Busch on the deal.
Comprising approximately 86 acres and more than 1.7 million square feet of existing structures, the property represents one of the largest industrial redevelopment opportunities in the New York metro area. The parcel falls within the EWR/EWR-S zoning districts, supporting a wide range of industrial, logistics, airport-related, data center, commercial and hospitality uses.
“Few sites offer this level of scale, connectivity and zoning flexibility,” says Adam Doneger, Newmark executive vice chairman. “These characteristics, combined with its location within one of the nation’s most critical logistics corridors, position it to support the next generation of industrial and infrastructure user.”
Located adjacent to Newark Liberty International Airport and less than one mile from Port Newark and Port Elizabeth, the
