Murphy Schiller & Wilkes LLP (MSW) is proud to have played an important role in what was recently awarded “Mixed-Use Deal of the Year” at NAIOP’s 35th Annual Gala. The HalRay Newark Portfolio is a three-building portfolio totaling approximately 800,000 SF of office/retail space with a 901-space parking deck in Downtown Newark, New Jersey.
The sponsors have planned around $40M of capital improvements with the focus of social and economic impact in mind. The goal is to drive further activity along the Halsey Corridor with the end goal of radiating that activity throughout the city. MSW acted as lead counsel in connection with multiple aspects of the deal, including the acquisition, financing, and leasing. Congratulations to everyone involved in this exciting deal, including the Hanini Group, Shift Capital, Colnvestment Partners, and JLL Capital Markets.
Murphy Schiller & Wilkes LLP is a boutique law firm specializing in commercial real estate and development matters. Headquartered in Newark, NJ, the firm was founded to provide effective, efficient, and creative legal services to meet the distinctive needs of our clients. Through the development of comprehensive legal strategies, our team works tirelessly to create a blueprint for success and advance our clients’ interests in every matter.